Property Overview: 371 Headmaster Row, Winnipeg

Section 1: Key Characteristics & Appeal

This 1983-built home in River East presents a solid, mid-range offering within the Winnipeg market. With 1,357 sqft of living space and a 5,510 sqft lot, its size is consistently around the citywide average, offering comfortable space without being oversized. The home’s assessed value of $419k sits notably below the average for its own street, suggesting it may offer relative value within a well-established row of homes, many of which are larger and newer.

Its primary appeal lies in its positioning as a practical and potentially value-conscious choice in a mature neighborhood. It suits first-time buyers or downsizers looking for a manageable property without the premium of a newer build or a massive lot. A thoughtful perspective is that while the lot size is below the neighborhood average, it translates to less yard maintenance—a practical advantage for those seeking a simpler lifestyle. The home’s age (1983) is actually above average for the broader River East area, indicating it’s among the newer properties in a neighborhood with many older homes, which can be a plus for system reliability.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others on the street?
The home’s assessed value is below the street average ($419k vs. $468k). This could indicate it’s a more affordable entry point on Headmaster Row, though the living area is also smaller than the street average. It suggests you’re paying less, but also getting less space than many neighbors.

2. Is the lot size a disadvantage?
While the lot is smaller than the River East neighborhood average, it is near the citywide average. This means less private outdoor space than some nearby homes, but also reduced upkeep. It’s a trade-off that may appeal to those prioritizing ease of maintenance over extensive yard space.

3. What does the sold price history from 2019 indicate?
The home sold between $350k-$400k in September 2019. Comparing that range to the current $419k assessment offers a rough gauge of market appreciation over the past several years, though an exact current market value requires a professional appraisal.

4. How does the year built affect this property?
Built in 1983, the home is newer than most in the River East area (where the average is 1976). This can be favorable, potentially meaning updates to major systems like plumbing or electrical have already been made, but a thorough inspection is still essential.

5. Where can I get verified sale price data for this home?
The provided sold price is an estimate from public data. For fully verified transaction history and exact figures, you must request a manual lookup from the site via email, as MLS data is not displayed here due to industry rules.