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1701-390 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

1701-390 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
849 sqft
Top 52%47/91
Top 23%105/458
Top 71%18985/26841

1701-390 Assiniboine Avenue: For Living Area. On Assiniboine Avenue, around averageTop 52%, rank 47 of 91, and comparable homes in that group average about 976 sqft. in Broadway-Assiniboine, above averageTop 23%, rank 105 of 458, and comparable homes in that group average about 818 sqft. citywide, below averageTop 71%, rank 18985 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
41.90k
Top 47%43/91
Top 9%43/458
Top 8%2171/26841

1701-390 Assiniboine Avenue: For Assessed Value. On Assiniboine Avenue, around averageTop 47%, rank 43 of 91, and comparable homes in that group average about 44.80k. in Broadway-Assiniboine, above averageTop 9%, rank 43 of 458, and comparable homes in that group average about 20.80k. citywide, above averageTop 8%, rank 2171 of 26841, and comparable homes in that group average about 25.60k.

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Sales History

Sold 3/2025360k
MetricSame streetSame areaCity-wide
Sale price
360k
Top 76%69/91

Below average

same street Top 76%

Top 15%69/458

Above average

neighbourhood Top 15%

Top 16%4360/26841

Above average

Winnipeg Top 16%

Highlights & common questions: 1701-390 Assiniboine Avenue, Winnipeg

Property Overview

This is a modern, 849 sqft condominium (Unit 1701 at 390 Assiniboine Avenue) built in 2018. Its primary appeal lies in its newness, prime location in the Broadway-Assiniboine neighbourhood, and a recent sale price that suggests strong market interest. The data indicates a property that outperforms most of Winnipeg in assessed value and is newer than 95% of homes city-wide, yet it is a more compact living space within its own building.

It would suit a buyer looking for a low-maintenance, contemporary condo in a central Winnipeg neighbourhood. The buyer is likely prioritizing location and modern building standards over square footage, and may be an investor, a first-time buyer, or a professional seeking an urban lifestyle. A thoughtful perspective is that while the unit's living area is modest, its top-tier rankings for year built and assessed value in the neighbourhood suggest a well-regarded and efficient building, offering quality over quantity of space.


Frequently Asked Questions

1. What are the condo fees, and what do they include?
The provided data does not include monthly condo fee information. This is a critical piece of information to request, as it directly impacts affordability and covers shared building expenses like maintenance, insurance, and amenities.

2. Is this a good investment property?
The recent sale in March 2025 at $360k, significantly above the assessed value of $41.9k, indicates active market demand. Its newer construction and top-tier location rankings are positive factors, but investment viability depends on condo fees, rental bylaws, and actual rental income potential.

3. How does the living area compare to nearby units?
At 849 sqft, this unit's living area ranks in the bottom 23% within its own neighbourhood and building, suggesting it is one of the more compact floor plans in a desirable area. Buyers should consider if the efficient use of space meets their needs.

4. What does the assessed value ranking mean?
The assessed value of $41,900 is higher than 91% of properties in the neighbourhood, meaning the municipal tax assessment deems it more valuable than most nearby homes. However, it's important to note that assessed value is for taxation and doesn't equal market value, as shown by the recent $360k sale.

5. What are the parking arrangements?
The listing specifies "Garage: None." Prospective buyers must inquire about dedicated or assigned parking options (e.g., underground spot, surface lot), permit street parking availability, and any associated costs.

Nearby & similar assessment