Property Overview: 1018 Prince Rupert Avenue, Winnipeg

Key Characteristics & Appeal

This home presents a compelling opportunity in Winnipeg’s Munroe East neighbourhood. Built in 1967, it offers 1,157 sqft of living space on a generous 5,102 sqft lot. The data reveals its primary strength lies in its strong positioning within its immediate area. Compared to other homes on Prince Rupert Avenue and in Munroe East, it consistently ranks above average for living space, lot size, and year built, suggesting a well-sized and relatively newer property for the locale. Its assessed value is also above average for the street and neighbourhood.

The appeal here is one of relative value and stability within a specific community. It suits a practical buyer—perhaps a first-time homeowner, a small family, or an investor—who prioritizes more space and a newer build for the area over a city-wide comparison. It’s a property that stands out on its own street, offering metrics that are competitive and often superior to its direct neighbours, which can be a sign of good upkeep or desirable features. A thoughtful perspective is that while its city-wide rankings are average, its local outperformance may indicate a "big fish in a smaller pond" scenario, offering a sense of premium within a more affordable enclave.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows it ranks highly on its own street and in Munroe East for key features. For example, its living area is in the top 17% on Prince Rupert Avenue and top 11% in the neighbourhood, meaning it is notably larger than many comparable homes close by.

2. What does the sold price history indicate?
The property sold between $350k-$400k in 2023. This sale price was in the top 24% for its street and top 15% for the Munroe East area at that time, confirming its above-average market position locally.

3. Is the assessed value a reliable indicator of the market price?
Not directly. The assessed value of $31,800 is for municipal tax purposes. The recent sold price range is a far more accurate reflection of its actual market value. The assessment is useful for comparing the home’s relative tax value to others.

4. What are the implications of the "above average" year built?
Being built in 1967 makes it newer than most on its street (top 13%) and about average for the wider city. This suggests potentially fewer immediate concerns with aging infrastructure compared to older neighbours, but a professional inspection is still essential for a home of this age.

5. How can I get the exact historical sold price?
The exact sold price is not publicly displayed. You can request it by email via the button on the listing page. The service is manual, with a promised reply by the end of the same day, and your email is not used for marketing spam.