Property Overview: 341 Regent Avenue W, Winnipeg
Key Characteristics & Appeal
This 1949 home on a 4,040 sqft lot in Victoria West presents a solid, practical offering. Its primary appeal lies in its strong local positioning rather than citywide grandeur. With 1,170 sqft of living space, the home is notably above average for both its street and neighborhood, suggesting a more spacious interior compared to many immediate peers. This is a key advantage for the area.
The assessed value of $285K aligns closely with neighborhood averages but sits meaningfully below the Winnipeg city average, highlighting a potential value proposition for a buyer looking within established, central communities. The home suits a pragmatic first-time buyer or an investor seeking a character property with a standard lot size for the area. Its appeal is grounded in being a competitively sized, fairly valued asset in a specific locale—it’s a home that makes sense within its immediate context, offering more space than many neighbors without a premium city-wide price tag.
Frequently Asked Questions
Q: How does this home's size truly compare to others nearby?
A: Very favorably. It ranks in the top 17% on its own street and top 18% in Victoria West for living area, meaning it offers more interior space than most comparable homes directly around it.
Q: Is the assessed value a good indicator of its market price?
A: It's a useful benchmark. The assessment is very close to the neighborhood average, suggesting it's priced in line with the local market. Notably, it's significantly below the Winnipeg city average, which may indicate relative value within a broader search.
Q: What does the year built (1949) imply for a buyer?
A: It is typical for the area. The neighborhood average is 1945, so this home is of the vintage expected in Victoria West. Buyers should anticipate the potential for updates but can be assured the home is not an outlier in terms of age for this community.
Q: Is the lot size a pro or a con?
A: It is standard. At just over 4,000 sqft, the lot is unremarkable for the street and neighborhood but is smaller than the typical Winnipeg lot. This is common for central, older neighborhoods and may mean lower maintenance.
Q: Where does this property stand out most clearly?
A: The living area is its standout feature. When you narrow the focus to Regent Avenue W and Victoria West, this home provides above-average interior space, which is its most competitive local advantage.