Property Overview: 861 Polson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 861 Polson Avenue presents a solid, mid-century property in Winnipeg's Robertson neighborhood. Built in 1955, it is notably newer than many homes on its street and in the wider area. With 1,064 sqft of living space, it sits comfortably above the neighborhood average. A key standout feature is the lot size at 4,914 sqft, which is larger than most comparable properties on Polson Avenue, offering valuable outdoor space.
The home’s appeal lies in its strong positional value within its immediate context. Its assessed value of $307k ranks well above average for both the street and Robertson neighborhood, suggesting it is viewed favorably relative to its peers. This isn't a sprawling estate, but a practical, well-sized home on a good lot for the area. It would suit first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space, or an investor seeking a stable property in an established community. A thoughtful perspective is that while its city-wide rankings are average, its local standing is strong—indicating it's a premium property within its specific market segment, which can be a stabilizing factor.
Section 2: Frequently Asked Questions
1. How does the sold price compare to the assessed value?
The property sold in September 2024 for an estimated $400k–$450k, which is significantly above its $307k assessed value. This is common, as assessed value for taxation purposes often differs from market value. The sale price placed it in the top 2% for the street and neighborhood.
2. Is the living space considered large for the area?
Yes. At 1,064 sqft, the living area is above the Robertson neighborhood average (977 sqft) and is very close to the average for Polson Avenue itself (1,066 sqft).
3. What does the year built tell us about the property?
Built in 1955, the home is newer than about 82% of comparable homes on its street (where the average year built is 1934). This can suggest potentially fewer issues with very old infrastructure compared to neighboring houses.
4. How does the lot size benefit a buyer?
The lot of 4,914 sqft is in the top 15% on Polson Avenue, where the average is 3,909 sqft. This means more private outdoor space than most nearby properties, which is a valuable and less replaceable asset.
5. Where can I get the exact historical sold price data?
The provided sold price is an estimated range from public data. Due to industry rules, exact MLS sale figures are not displayed on this site. You can request the exact sold price history by emailing the site directly for a manual lookup.