Property Overview: 760 Polson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 760 Polson Avenue in the Robertson neighborhood presents a compelling blend of space, value, and established community. Its primary appeal lies in its generous 1,560 sqft living area, which stands out significantly compared to other homes on the street and in the wider neighborhood, ranking in the top 6% and 2% respectively. Built in 1952, it is a newer construction than many immediate neighbors, potentially suggesting fewer concerns with aging infrastructure common in older Winnipeg homes.
The assessed value of $318k sits above average for both the street and Robertson area, indicating a perceived premium, yet remains notably below the Winnipeg citywide average for comparable homes. This positions the property as offering more house for the money within a specific, established locale rather than the broader market. The lot size is standard for the area, providing typical outdoor space without extravagant maintenance demands.
This property would best suit practical buyers who prioritize interior space over a massive yard, and who value being in a mature neighborhood where their home offers above-average square footage. It’s a solid choice for those seeking a established-character home without the highest price point in the city, appealing to families or long-term owners looking for room to grow in a settled community.
Section 2: Frequently Asked Questions
1. How does the living area truly compare to nearby homes?
The home’s 1,560 sqft is substantially larger than the local averages (1,066 sqft on the street; 977 sqft in Robertson). This means you’re getting significantly more interior space than most close neighbors, which is a key advantage in this area.
2. The assessed value is above average for the street. Does that mean it’s overpriced?
Not necessarily. A higher assessment can reflect the home’s larger size, updates, or overall condition. It suggests the property is considered a premium offering on this specific street, which may justify a higher asking price compared to smaller, older homes nearby.
3. What might the 1952 build year imply for maintenance?
While newer than many homes on the street (average build year 1934), a 1952 home will still likely have systems (like plumbing, electrical, or the roof) that are nearing or past their typical lifespan. A thorough inspection is crucial to budget for any necessary updates.
4. How reliable is the last sold price data from 2016?
The provided sold price range (CA$200k–250k) is a reasonable historical marker, but market conditions have changed significantly since 2016. It is most useful for understanding the owner’s potential equity gain, not for determining today’s market value.
5. The citywide rankings for value and lot size are around average. Is that a concern?
This highlights the property’s context. You are purchasing a home that ranks as spacious and valuable within its immediate, established neighborhood, not necessarily compared to newer suburban developments. This can be a strength, offering more space for your dollar in a convenient location, though the lot itself is typical for central Winnipeg.