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2202-390 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

2202-390 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
1,501 sqft
Top 5%5/91
Top 1%6/458
Top 9%2372/26841

2202-390 Assiniboine Avenue: For Living Area. On Assiniboine Avenue, EliteTop 5%, rank 5 of 91, and comparable homes in that group average about 976 sqft. in Broadway-Assiniboine, EliteTop 1%, rank 6 of 458, and comparable homes in that group average about 818 sqft. citywide, above averageTop 9%, rank 2372 of 26841, and comparable homes in that group average about 1,042 sqft.

Assessed Value
66.60k
Top 2%2/91
Top 1%2/458
Top 1%235/26841

2202-390 Assiniboine Avenue: For Assessed Value. On Assiniboine Avenue, EliteTop 2%, rank 2 of 91, and comparable homes in that group average about 44.80k. in Broadway-Assiniboine, EliteTop 1%, rank 2 of 458, and comparable homes in that group average about 20.80k. citywide, EliteTop 1%, rank 235 of 26841, and comparable homes in that group average about 25.60k.

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Highlights & common questions: 2202-390 Assiniboine Avenue, Winnipeg

Property Overview & Key Characteristics

This condominium at 2202-390 Assiniboine Avenue presents a modern, low-maintenance urban lifestyle in Winnipeg's Broadway-Assiniboine area. Built in 2018, it is a notably newer construction compared to much of the city's housing stock. Its primary appeal lies in its contemporary build, desirable location, and efficient use of space at 1,501 square feet.

The unit ranks highly for its newness and value within its immediate surroundings, suggesting a well-regarded building in a prime spot. It suits buyers seeking a turn-key, modern condo without the concerns of an older home's upkeep. It would particularly appeal to professionals wanting a walkable, downtown-adjacent lifestyle, or as a downsizing option for those looking to lock the door and travel, given the likely condo fee structure covering exterior maintenance. A less obvious angle is its potential as a strategic purchase for value retention; its assessed value ranks in the top tier for the neighbourhood, indicating it may hold its worth well against older, more variable properties in the area.


Frequently Asked Questions

1. What are the monthly condo fees, and what do they cover?
This information is crucial but not listed in the provided details. You would need to request the condo corporation's financial statements and bylaws to understand the fee structure, included utilities, and what maintenance and amenities are covered.

2. Why is the assessed value relatively low compared to the likely market price?
In Manitoba, assessed value is set by the provincial authority for taxation purposes and often lags behind current market values, especially for newer properties. It should not be used as a direct indicator of listing or sale price.

3. How does the building's age (2018) benefit me?
A 2018 build means modern building codes, energy-efficient windows and appliances, and contemporary layouts. It also likely means a newer, healthier reserve fund and fewer major repair projects (like roof or boiler replacements) in the near future compared to a century-old building.

4. The listing shows no garage or basement. Where is parking and storage?
Many downtown condos offer underground or secured parking for an additional fee. Storage may consist of a designated locker within the building. Specifics on parking availability and storage options must be confirmed with the seller or property manager.

5. The "Nearby Properties" list shows many units in the same building. What should I consider?
This indicates a larger condominium complex. It's important to research the condo corporation's management, the owner-occupier versus rental ratio, and the building's rules. A high concentration of rentals can affect financing and the community feel, while a well-managed large building can offer stability and shared amenity costs.

Nearby & similar assessment