Property Overview: 429 Monreith Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a practical, entry-level opportunity in Winnipeg's Robertson neighborhood. Its primary appeal lies in its relative value and efficient scale. At 749 sqft, the living space is notably compact, ranking below average for the street, area, and city. This positions the property as a low-maintenance, affordable option rather than a spacious family home.
The assessed value of $270k is above average for Monreith Street and aligns with the neighborhood average, suggesting it is priced appropriately within its immediate context. A key positive is the 1954 build year, which is newer than most homes on the street and in Robertson, potentially implying fewer age-related concerns than older neighboring properties. The lot size is modest at just under 3,000 sqft, resulting in minimal yard upkeep.
This property would best suit a first-time buyer, an investor, or a downsizer seeking an affordable, no-fuss footprint in a well-established neighborhood. Its value is grounded in functionality and location, offering a cost-effective entry point into the market. A thoughtful perspective is that its smaller size and newer build date (for the area) could translate to lower utility and repair costs compared to larger, older homes, making it an exercise in efficient living.
Section 2: Frequently Asked Questions
1. Is the house significantly smaller than others nearby?
Yes. At 749 sqft, the living area is smaller than the majority of homes on its street, in the Robertson area, and across Winnipeg. This is its defining characteristic and the primary driver of its accessible price point.
2. How does its value compare to the neighborhood?
Its $270k assessed value is very close to the Robertson neighborhood average. While the house itself is smaller, its valuation is supported by being a newer build on the street, indicating you are paying more for the structure's condition than for square footage.
3. What does the 1954 build year mean practically?
Built in 1954, this home is newer than many on its block (where the average build year is 1949). This could mean updated foundational systems or materials compared to pre-war homes, but a specific inspection is still essential to determine the current state of the roof, wiring, and plumbing.
4. Is the lot size a limitation?
The lot is under 3,000 sqft, which is smaller than typical for the area. This means minimal yard maintenance but also limited space for expansions, large gardens, or extensive outdoor recreation. It emphasizes a low-maintenance lifestyle.
5. Where can I find the exact sold price?
The sold price is listed in a range (CA$250k–300k). Due to data licensing rules, exact sale figures are not published online here. You can request the precise sold price history via email from the site, which they provide manually without using your information for marketing.