Property Overview: 267 Strood Avenue, River East, Winnipeg

Section 1: Key Characteristics & Appeal

This 1977-built home on Strood Avenue presents a compelling opportunity in Winnipeg's River East neighborhood. Its primary appeal lies in offering above-average space and value within a well-established community. With 2,017 sqft of living area, the home is notably larger than most comparable properties on its street, in the neighborhood, and across the city. This generous interior space is matched by a substantial, private lot of 9,387 sqft, which ranks well above average for both the neighborhood and Winnipeg overall.

The home’s assessed value of $483k is consistently above the local and citywide averages, suggesting a perception of solid value and desirability. A thoughtful perspective is that while the home is newer than most on its specific street, its 1977 build date is quite typical for the wider area, indicating it fits seamlessly into a mature neighborhood with settled infrastructure and landscaping.

This property would ideally suit buyers looking for a spacious family home with a large yard, who value established communities over newer subdivisions. It appeals to those who prioritize more interior room and land over having the newest build, and who appreciate a home that stands above its peers in terms of size and assessed value within its immediate context.

Section 2: Frequently Asked Questions

1. How does the sold price from 2019 relate to the current assessed value?
The home sold for between $400k-$450k in July 2019. The current assessed value of $483k is higher, reflecting market changes and the city's valuation process over the intervening years. It's important to obtain exact sold figures and consult a real estate professional for a current market analysis.

2. Is the lot size a standout feature?
While the lot is around average for Strood Avenue itself, it is significantly larger than most lots in the broader River East neighborhood and citywide. This offers a valuable balance of community consistency with extra private outdoor space compared to the wider area.

3. What does the "above average" ranking for living area mean practically?
Ranking in the top 10-13% for living area across multiple comparisons means you are getting substantially more interior space than a typical Winnipeg home in this category. This is a key advantage for growing families or those who desire more room.

4. Are there any potential concerns with a 1977 build?
The build date is typical for the area. As with any home of this age, the condition of major systems (roof, windows, furnace) and any updates will be important factors. Its age is not unusual, but a thorough inspection is always recommended.

5. How can I verify the exact historical sold prices?
The website notes that due to industry rules, exact MLS sold records are not displayed publicly. You can request the exact sold price history directly from the site via email for a manual lookup, which they provide without using your email for marketing.