Property Overview: 416 Monreith Street, Winnipeg
Key Characteristics & Appeal
This is a compact, post-war home built in 1949, offering a straightforward entry point into Winnipeg’s Robertson neighborhood. Its primary appeal lies in value and lot size. At 735 sqft, the living space is notably below average for the city, positioning this as a true starter home or a practical investment property. However, it sits on a 4,201 sqft lot, which is larger than most on its street, presenting a relative rarity: expansion potential or generous outdoor space in an established area.
The assessed value of $254k is very close to the street average, suggesting it’s priced appropriately within its immediate context, yet it sits well below the Winnipeg average, highlighting the area's affordability. Recent sales data indicates it sold in the $250k-$300k range in mid-2024, a price point that outperforms many city-wide comparisons.
This property would suit first-time buyers prioritizing lot size over interior square footage, or investors looking for a manageable rental property with stable, average valuations for the block. Its modest scale means lower utility costs and less maintenance, appealing to those seeking simplicity. A less obvious perspective is that a home of this era and size on an above-average lot offers a clear canvas for energy-efficient upgrades or a thoughtful addition, potentially increasing its value disproportionately in the future.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 735 sqft, the home's living area is below the average for Monreith Street (922 sqft), the Robertson neighborhood (977 sqft), and Winnipeg overall (1,342 sqft). It is one of the more compact homes on the street.
2. Is the assessed value typical for the area?
Yes. The $254,000 assessment is almost exactly the street average of $251.9k and is around the neighborhood average. It is considered below average when compared to the entire city.
3. What is notable about the lot?
The 4,201 sqft land area is a key feature, ranking in the top 16% on Monreith Street. It offers more outdoor space than most direct neighbors, where the average lot is 4,035 sqft.
4. When was it last sold and for roughly how much?
Records show it sold in May 2024. For non-verified users, the sold price is shown in a range of CA$250,000–$300,000.
5. How can I get the exact sale price and history?
The site does not display MLS records. You can request a manual lookup by email; the exact sold price and transaction history will be provided directly to your inbox at no cost, typically by the end of the same business day.