Property Overview: 747 Cathedral Avenue, Winnipeg
Key Characteristics & Appeal
This 959 sqft home, built in 1945, presents a solid, value-oriented opportunity in the Robertson neighborhood. Its primary appeal lies in a desirable combination of a generous lot and strong local valuation. The 5,744 sqft land area is notably larger than most on its street and in the area, offering valuable outdoor space and potential. While the living space is modest compared to the city average, it is competitively sized for the immediate neighborhood.
The property’s assessed value of $316k stands out as above average for both the street and Robertson, suggesting it is perceived as a premium property within its more immediate context. This indicates established value in a community setting. Recent sale data (2023) places it in the top tiers for its street and area, reinforcing its local market strength.
This home would best suit pragmatic buyers looking for a well-positioned property with a sizable yard without a premium city-wide price tag. It’s ideal for those who value neighborhood-level affordability and space over sheer interior square footage, and for investors or homeowners who recognize the value in an asset that outperforms its direct peers.
Frequently Asked Questions
1. Is the house smaller than average?
Yes, compared to the Winnipeg average. However, within the Robertson neighborhood, its living area is very close to the typical size, meaning it fits the local character and expectations.
2. Why is the assessed value higher than many neighbors?
The above-average assessment for the street and area likely reflects the combination of its larger-than-average lot size and the property’s overall condition and improvements relative to nearby homes.
3. What does the recent sale history indicate?
The 2023 sale price fell within the top 15-19% for the street and area, demonstrating consistent buyer demand and a history of commanding a relative premium in its local market.
4. How does the lot size benefit a buyer?
The lot is over 1,200 sqft larger than the street average, providing significant extra outdoor space for gardening, recreation, or future expansion, which is a key differentiator.
5. Where can I get verified sale price details?
The site provides sold price ranges. For exact, verified historical transaction figures, you must request a manual lookup via email, as MLS data is not displayed directly due to industry regulations.