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1504-390 Assiniboine Avenue

BasementNoPoolGarageNoneBuilding Type

Rankings

MetricSame streetSame areaCity-wide
Year Built
2018 8 years ago
Top 1%1/91
Top 1%1/458
Top 8%2121/26841

1504-390 Assiniboine Avenue: For Year Built. On Assiniboine Avenue, EliteTop 1%, rank 1 of 91, and comparable homes in that group average about 2018. in Broadway-Assiniboine, EliteTop 1%, rank 1 of 458, and comparable homes in that group average about 1983. citywide, above averageTop 8%, rank 2121 of 26841, and comparable homes in that group average about 1990.

Living Area
695 sqft
Top 90%82/91
Top 71%326/458
Top 87%23307/26841

1504-390 Assiniboine Avenue: For Living Area. On Assiniboine Avenue, below averageTop 90%, rank 82 of 91, and comparable homes in that group average about 976 sqft. in Broadway-Assiniboine, below averageTop 71%, rank 326 of 458, and comparable homes in that group average about 818 sqft. citywide, below averageTop 87%, rank 23307 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
34.50k
Top 89%81/91
Top 18%81/458
Top 19%5128/26841

1504-390 Assiniboine Avenue: For Assessed Value. On Assiniboine Avenue, below averageTop 89%, rank 81 of 91, and comparable homes in that group average about 44.80k. in Broadway-Assiniboine, above averageTop 18%, rank 81 of 458, and comparable homes in that group average about 20.80k. citywide, above averageTop 19%, rank 5128 of 26841, and comparable homes in that group average about 25.60k.

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Highlights & common questions: 1504-390 Assiniboine Avenue, Winnipeg

Property Overview & Key Characteristics

This is a modern, compact condominium unit in the heart of the Broadway-Assiniboine neighbourhood. Built in 2018, it offers a low-maintenance lifestyle in a newer building with a modest living space of 695 sqft. Its appeal lies in its contemporary construction, prime location within a top-tier street ranking, and a very manageable assessed value. The unit has no basement, pool, or private garage.

This property would ideally suit a first-time homebuyer, a young professional, or an investor looking for a modern entry-point into a central Winnipeg neighbourhood. It’s for someone who prioritizes a newer building with minimal upkeep over larger square footage. A thoughtful perspective is that while the unit itself is small, its high rankings for year-built and street location suggest it’s a modern asset in a well-regarded area, which can be a strategic balance of value and position.


Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
This information is not provided in the current details. Prospective buyers must obtain the condo corporation’s financial statements and bylaws to understand the fee structure, included amenities, and the health of the reserve fund.

2. Is this a good investment property?
Given its newer build, central location, and modest assessed value, it has the fundamentals for steady rental appeal, particularly to students or single professionals. However, investment viability depends heavily on the condo fees, rental bylaws, and actual market rent versus carrying costs.

3. How does the small living area compare to nearby properties?
At 695 sqft, this unit is significantly smaller than the older, character homes referenced in the listing (which are often 2,000+ sqft). It represents a different class of property—a modern, efficient space versus larger, renovation-heavy houses.

4. What does the "Top 0% in Winnipeg" ranking for the street mean?
This statistical ranking suggests that Assiniboine Avenue, as a street, scores very highly compared to all other streets in Winnipeg for a composite of factors (which may include property values, upkeep, or desirability). It indicates a premium location within the city.

5. The assessed value seems low. Why is that?
Municipal assessed value for tax purposes is often lower than market value and is not an appraisal. For a newer condo, the assessment primarily reflects the unit value itself, not land, and is based on a prior valuation date. Always rely on a current market evaluation for pricing.

Nearby & similar assessment