Property Overview: 353 Bronx Avenue, Winnipeg

Key Characteristics & Appeal

This 792 sqft bungalow, built in 1950, sits on a generous 4,915 sqft lot in the Munroe West neighbourhood. Its primary appeal lies in its value proposition within its immediate area. While the living space is notably compact compared to most city homes, its assessed value of $311k is above average for Munroe West, suggesting the lot size, location, or condition offers a premium within this specific market. This creates an interesting dynamic: you are purchasing a smaller home, but one that holds its value well against neighbourhood peers.

The property would suit a first-time buyer, downsizer, or investor looking for a manageable footprint with a solid lot. Its above-average assessed value for the area indicates it may be a well-maintained or updated home in a stable setting. A thoughtful perspective is that this home represents an efficient entry into homeownership, where the investment is more in the land and location than in extensive square footage, potentially offering lower utility costs and upkeep.

Frequently Asked Questions

1. Is the house unusually small?
Yes, at 792 sqft, the living area is below average for the city, the broader area, and even its own street. This indicates a compact, efficient layout.

2. Why is the assessed value relatively high for the area?
With an assessed value ranking in the top 19% for Munroe West, this suggests the property may have features like updates, a favourable location on the block, or its lot size that make it stand out positively against nearby comparable homes.

3. What is the typical price history for this home?
Based on available data, it sold in 2016 and again in 2022, with both sold prices falling within the CA$250k–300k range. Exact figures require a manual lookup request.

4. How does the lot size compare?
The lot is just under 5,000 sqft, which is around average for both the street and the Munroe West area, offering good outdoor space relative to the home's size.

5. Where can I see how this property compares to its neighbours?
A neighbourhood analysis page is available to view this property on a map alongside nearby homes, comparing details like year built, living area, and assessed value.