Property Overview: 11 Chopin Boulevard, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,500 sqft home, built in 1975 on a 6,257 sqft lot in River East, presents a compelling mix of value and location. Its appeal is rooted in its strong positioning within the broader market, rather than standing out on its immediate street. While it is one of the smaller and more modestly assessed homes on Chopin Boulevard itself, it holds an above-average assessed value ($490k) compared to both the wider neighborhood and the entire city of Winnipeg. This suggests you are acquiring a well-regarded address in a desirable area, without paying the premium for one of the street's largest properties.

The home would suit pragmatic buyers who prioritize neighborhood equity and city-wide value over having the biggest house on the block. It's an intelligent choice for those looking to enter a stable community like River East, where the property's metrics are solidly above local and city averages, offering a sense of security and potential for sustained value. It may also appeal to downsizers or second-time buyers seeking a manageable footprint without sacrificing location quality.

Section 2: Frequently Asked Questions

1. Is this home a good value for the area?
The data indicates strong value at the neighborhood and city level. With an assessed value significantly above the River East and Winnipeg averages, the property is in a higher tier relative to most comparable homes, suggesting it is a premium offering for its size in the broader market.

2. Why is the assessed value on this street lower than the average?
Chopin Boulevard appears to consist of larger, higher-value homes on average. At 1,500 sqft and a $490k assessment, this property is more modest compared to its immediate neighbors, where the average living area is over 2,100 sqft and the average assessed value is around $517k. This positions it as a relative value on the street itself.

3. How reliable is the sold price data shown?
The listed sold price range (CA$500k–550k for October 2020) is based on publicly available internet data, not the MLS. The site notes the figures have had limited verification. For fully verified and exact historical transaction data, you must request a manual lookup from the site via email.

4. What does the land size mean for potential expansion or renovation?
At 6,257 sqft, the lot is below average for the street but above average city-wide. It provides a decent outdoor space typical for the neighborhood. Any plans for a significant addition would need to consider the lot's size relative to other homes on the block and local zoning bylaws.

5. How does the year built affect this property?
Built in 1975, the home is of a very typical vintage for its neighborhood and slightly newer than the average Winnipeg home. Buyers should budget for updates and maintenance consistent with a house approaching 50 years old, while recognizing its systems and style are standard for the area.