Property Overview: 162 St Vital Road, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 162 St Vital Road presents a practical and competitively positioned offering in the Pulberry area. Its key characteristic is its solid, middle-of-the-road profile across most metrics. With 1,054 sqft of living space and a 5,572 sqft lot, it sits close to the average for its specific street and the wider city, though it is notably more compact and sits on a smaller lot than many homes in the broader Pulberry neighborhood. Built in 1960, it is actually newer than many houses on St Vital Road itself.

The appeal lies in its value proposition and stability. With an assessed value of $365,000, it is assessed above the street average but remains significantly below the higher neighborhood average, potentially offering a more accessible entry point into the area. It suits first-time buyers or downsizers seeking a manageable, lower-maintenance property without sacrificing a decent lot size. A thoughtful perspective is that this home represents the "backbone" of its street—not the largest or newest, but a well-established part of the community's fabric. Its last known sale was between $250k-$300k in 2017, suggesting potential for equity growth for a buyer in the current market.

Section 2: Frequently Asked Questions

1. How does this home’s size compare to its neighbors?
While its living area is near the citywide average, it is below the average for the Pulberry neighborhood. On its own street, however, it ranks close to the middle, meaning it fits the local scale well.

2. Is the assessed value of $365,000 high for the area?
It’s above the average assessed value for St Vital Road itself but is considered below average for the wider Pulberry neighborhood. This suggests the home may be valued more in line with its immediate surroundings than with larger, potentially more renovated homes in the area.

3. What can the 2017 sale price tell me?
The home sold for an estimated $250,000-$300,000 in September 2017. This historical data provides a benchmark for past market value, but does not reflect current market conditions or the reasons for the subsequent increase in assessed value.

4. How can I find out the exact past sale prices?
The website does not display exact sold prices due to data source restrictions. You can request the full transaction history and exact figures via email from the site administrators, who will provide a manual lookup.

5. The home is newer than the street average but older than the neighborhood average. What does this mean?
This indicates that St Vital Road has a high number of homes built before 1960, making this property relatively newer in that immediate context. The broader Pulberry area, however, includes many homes built later, shifting the average. It highlights the importance of comparing a property to its closest neighbors, not just the postal code.