Property Overview: 838 Prince Rupert Avenue, Winnipeg

Key Characteristics & Appeal

This home at 838 Prince Rupert Avenue in Munroe East is a practical and competitively positioned property. Built in 1963, it is notably newer than many of its immediate neighbours on Prince Rupert Avenue, which may suggest updated infrastructure or construction. With 1,001 square feet of living space, it offers a comfortably sized layout that is very typical for the Munroe East area, matching the neighbourhood average.

The lot size of 4,005 sqft is modest, particularly when compared to other homes on the street and across Winnipeg. This could appeal to buyers seeking a lower-maintenance yard. The assessed value of $300,000 aligns closely with the averages for both the street and the neighbourhood, indicating a fair market positioning without a premium price tag.

Its primary appeal lies in its representation of a solid, average offering in a stable neighbourhood. It suits first-time homebuyers or practical investors looking for a move-in-ready home without the premium associated with larger lots or significantly above-average square footage. The data suggests a "middle-of-the-road" property that offers predictability and value within its local context, rather than standout luxury or expansive space.

Frequently Asked Questions

1. How does this home’s value compare to recent sales in the area?
Based on available data, it last sold between $250,000 and $300,000 in late 2017. Its current assessed value of $300,000 is around the neighbourhood average, suggesting it is priced in line with the local market rather than at a premium.

2. Is the lot size a disadvantage?
The land area is smaller than most on the street and in the city. For buyers who prefer minimal yard upkeep or prioritize indoor living space, this is efficient. For those wanting extensive outdoor space for gardening or recreation, it may feel limited.

3. What does it mean that the home is "newer" than others on the street?
Built in 1963, it ranks in the top 23% for year built on Prince Rupert Avenue. This relative newness could imply fewer immediate concerns with aging components like plumbing or electrical found in much older homes, potentially reducing near-term renovation needs.

4. How does this property fit within the wider Winnipeg market?
City-wide, both the living area and assessed value are below the Winnipeg average. This highlights that the property offers a more affordable entry point into the city’s housing market, with value centred on its local neighbourhood appeal rather than city-leading metrics.

5. Where can I see more detailed comparisons with nearby homes?
A neighbourhood analysis map is available for this property, allowing you to visually compare its year built, living area, assessed value, and lot size directly with surrounding houses on the same and nearby streets.