Property Overview: 1089 Consol Avenue, Winnipeg

Key Characteristics & Appeal

This home at 1089 Consol Avenue in the Munroe East neighborhood presents a compelling opportunity rooted in its strong positional value within its immediate community. Built in 1969, the house is notably newer than most on its street and in the broader area, which can suggest updated infrastructure and potentially lower immediate maintenance needs compared to older peers. The property sits on a generous 5,497 sqft lot, offering ample outdoor space that ranks well above average for both the street and the neighborhood.

With 1,120 sqft of living area, the home provides a practical footprint that is comfortably above the local average, making it a spacious option for the area without being excessive. Its assessed value positions it as a above-average offering on Consol Avenue and in Munroe East, indicating a perceived solid value for the location and attributes. A recent sale occurred between 2022 for an estimated $350k-$400k.

The appeal lies in its relative modernity and above-average lot size for the community, offering a balance of indoor and outdoor space. It would suit a practical buyer looking for a well-established neighborhood character, who values a larger yard and a home that stands out positively against nearby properties in terms of age and lot size. It’s a property for someone who prioritizes community standing and space over a city-wide search for the largest home.

Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows this property consistently ranks above average for its street and the Munroe East area in key categories: it's newer, on a larger lot, and has more living space than most comparable local homes. Its city-wide rankings are more moderate, highlighting that its prime advantages are very local.

2. What might the assessed value indicate?
The assessed value is above the local average, which typically reflects the municipality's view of its worth relative to neighbors. It's important to note this is for tax purposes; market value can differ and is influenced by recent sale prices, condition, and current demand.

3. The home sold recently in 2022. What does that mean for a buyer today?
The 2022 sale provides a relevant benchmark for the property's market value just a few years ago. This can help anchor price expectations, but the current market conditions, any changes made to the home since then, and today's interest rates will determine its present value.

4. Is a 1969-built home considered old?
While not new, this home is newer than many in the vicinity. On its street, it ranks in the top 6% by year built, meaning it's one of the newest homes around. This can be an advantage, potentially meaning updates to major systems like electrical or plumbing are more recent than in older homes.

5. How usable is a ~5,500 sqft lot?
A lot of this size in a mature neighborhood is a significant asset. It offers ample room for gardening, recreation, parking, or future additions like a shed or deck. It provides a sense of space and privacy that is less common in newer subdivisions.