Property Overview: 451 Monreith Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 451 Monreith Street in the Robertson neighborhood is a practical, post-war property built in 1947. Its key appeal lies in offering above-average interior space for its immediate area, within a value-conscious price range. With 1,143 sqft of living area, it ranks in the top 11% on its own street and top 16% in Robertson, providing more room than many nearby comparables. However, its assessed value of $245k sits below the neighborhood and city averages, suggesting a potentially more accessible entry point.
The property suits first-time homebuyers or practical investors looking for a functional footprint without a premium price tag. Its lot size is typical for the street but smaller than the Winnipeg average, indicating a lower-maintenance yard. A thoughtful perspective is that this home represents a balanced compromise: you gain interior space relative to the local market while accepting a property that is older and on a more modest lot than city-wide norms. It’s a home that prioritizes living space over land or newness, fitting for someone whose lifestyle is focused indoors or who values a established, close-in community.
Section 2: Frequently Asked Questions
1. How does this home’s size really compare?
While its square footage is modest by city-wide standards, it is notably larger than most homes directly on Monreith Street and in the broader Robertson area. You are getting more interior space than about 85% of nearby comparable properties.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value is for tax purposes and is a starting point. This home’s assessed value is below the neighborhood average, but recent sold prices on the street (within the $200k-$250k range) suggest the market aligns closely with this assessment bracket.
3. What does the "Below Average" ranking for year built mean?
Built in 1947, it is typical for its street and neighborhood, which are primarily comprised of homes from the late 1940s and 1950s. "Below Average" city-wide simply means newer homes exist elsewhere in Winnipeg. This is characteristic of the area and buyers should budget for maintenance consistent with a home of this age.
4. How can I find out the exact price it last sold for?
The site provides sold price ranges for context. Due to data display rules, exact historical sale figures are available by request via email from the site provider, who will manually look them up and send them to you.
5. Are the nearby listed properties direct comparisons?
The listed nearby and similarly-valued properties provide context for the market. Key differences to note are their varying living areas, lot sizes, and year built. For example, some nearby homes have less living space but similar values, highlighting that this property’s interior size is a relative strength.