Property Overview: 782 Polson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling mix of above-average space and a modern build date for its established Robertson neighborhood. At 1,166 sqft, its living area is notably larger than most comparable homes on its street and in the wider area. Its 1958 construction date is a significant standout, making it a much newer home than the neighborhood average, which often means fewer concerns about aging core systems compared to its peers.
The appeal lies in its strong positional value within its immediate community. Its assessed value ranks in the top 4% for both Polson Avenue and the Robertson neighborhood, suggesting it is viewed as a premium property in its local context. This contrasts with its city-wide ranking, which is around average, indicating you are acquiring a top-tier home for the area without a premium city-wide price tag. The lot size is standard for the street but smaller than the Winnipeg average, positioning it as a lower-maintenance yard within an urban setting.
This property would ideally suit pragmatic buyers who value neighborhood standing and newer construction over a massive lot. It’s a strong fit for first-time buyers or downsizers looking for a move-in-ready home with less immediate need for major updates, or for investors seeking a well-regarded asset in a stable community.
Section 2: Frequently Asked Questions
1. How does the 2023 sale price relate to the current assessed value?
The home sold for between $350k-$400k in August 2023, which placed it in the top 3% of sales on its street at that time. The current assessed value of $342k aligns closely with the lower end of that recent sale range.
2. Is the lot size a disadvantage?
The 4,044 sqft lot is typical for Polson Avenue but below the Winnipeg average. This is an advantage for those seeking lower outdoor maintenance but may not suit buyers wanting extensive gardening or large outdoor living spaces.
3. What does the "Elite" ranking for year built practically mean?
With a 1958 build date, this home is significantly newer than the neighborhood average (1949) and especially the street average (1934). This typically suggests updated electrical, plumbing, and insulation standards compared to many surrounding homes, potentially reducing near-term renovation costs.
4. Why is the city-wide ranking for value only average, while the local ranking is elite?
This highlights the property’s context. While its value is high for Robertson, average property values across all of Winnipeg are higher. This indicates you’re investing in one of the better homes in this specific, more affordable area, rather than a comparable home in a more expensive city district.
5. How can I verify the exact historical sale prices?
The site provides estimated price ranges. Due to industry rules, exact MLS sale figures are not displayed publicly. You can request the exact sold price history via email from the site provider for verified figures.