Property Overview: 318 Thurso Street, Winnipeg
Key Characteristics & Appeal
This 1952-built home in Rockwood presents a compelling mix of value and established neighborhood character. At 936 sqft, the living space is efficient and below the citywide average, suggesting a manageable layout ideal for first-time buyers, downsizers, or investors seeking a lower-maintenance property. Its true standout feature is its assessed value of $412k, which ranks well above average for both its street and the broader Rockwood neighborhood. This indicates the property is perceived as a premium offering within its immediate context, potentially due to updates, condition, or its specific lot.
The appeal lies in this value proposition: you are acquiring a home that holds a strong position in a desirable local market without the footprint or upkeep of a larger property. The lot size of 4,999 sqft is also above average for Rockwood, offering decent outdoor space relative to the area. It suits a practical buyer who prioritizes financial prudence and location over sheer size—someone who sees the advantage in a home that punches above its weight in assessment within a stable, mature community. A thoughtful perspective is that this property may represent an opportunity to own in a well-regarded pocket without the premium typically attached to larger homes on the street, making it a strategic entry point.
Frequently Asked Questions
1. Is the living area too small?
While below the city average, the 936 sqft living area is actually around the average for the Rockwood neighborhood itself. It represents a more efficient, classic post-war footprint that many find easier and more affordable to maintain.
2. Why is the assessed value so high relative to the home's size?
The above-average assessment for the street and neighborhood suggests factors beyond raw square footage are at play. This can include recent renovations, quality of finishes, a desirable floor plan, or the property's overall condition as evaluated for tax purposes.
3. What is the recent sales history?
Public records indicate two recent sales: between $350k-$400k in June 2021 and $300k-$350k in March 2018. Exact sale prices require a manual lookup request through the site, as MLS data is not displayed.
4. How does the lot size compare?
At just under 5,000 sqft, the lot is smaller than others on Thurso Street but is actually larger than the typical lot in the Rockwood neighborhood. It offers a balanced amount of private outdoor space.
5. What are the comparable nearby properties like?
Nearby homes on Thurso Street and adjacent avenues vary, with living areas from 700 to over 1,400 sqft and assessed values from the $230ks to $480s. This home sits in the upper tier of assessed values, highlighting its premium standing among similar vintage properties in the vicinity.