Property Overview
This unit at 203-820 Mcmillan Avenue is a 747 sqft condo in Winnipeg's Mcmillan neighbourhood, built in 1961. Its assessed value is $17,800. Recent sales data indicates it last sold in the $150,000–$200,000 range in 2022, with a previous sale in the same range in 2016.
Key Characteristics & Appeal
This property presents a practical, no-frills entry point into the Winnipeg market. Its primary appeal lies in its affordability and relative modernity compared to its immediate surroundings—built in 1961, it is notably newer than many homes on its street and in the wider Mcmillan area. The living space, while below the citywide average, is competitive for the local condo market. It would best suit first-time buyers, investors seeking a straightforward rental property, or downsizers looking for a low-maintenance, cost-effective home without the concerns of an older building. A less obvious perspective is that its consistent "middle-of-the-pack" rankings—neither the smallest nor the largest, neither the cheapest nor the most expensive in its peer groups—suggests a stable, predictable value proposition with lower volatility, which can be a smart, defensive play in an uncertain market.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the public data. A direct inquiry with the property listing agent or condo corporation is essential to understand the fees and included amenities (like heat, water, or building insurance).
2. How does the 1961 build year affect the unit?
While newer than many area homes, a building from this era may have undergone significant updates. Key questions would concern the age of major systems like plumbing, electrical, windows, and the building envelope, which influence both comfort and potential special assessments.
3. The sold prices are shown as a range. Why is the exact price not listed?
Exact sale prices in Manitoba are not publicly accessible online. The provided ranges are estimates based on publicly available data. You can request the precise historical sale prices by emailing the source website, as noted in the details.
4. What is it like living in this specific building and location?
The listing shows several other units within the same 820 Mcmillan Avenue complex, suggesting a medium-sized condo community. Viewing the "neighbourhood analysis page" mentioned in the details would provide a map to compare this building directly with nearby houses and condos.
5. Is this a good investment compared to other condos?
The data shows its assessed value and size are consistently around the average for the Mcmillan area but below Winnipeg-wide averages. This indicates you are paying for a functional unit in a specific location rather than premium space or features. Its investment potential would heavily depend on the condition of the unit and building, the stability of the condo corporation, and local market trends for similar, modestly-sized units.