Property Overview: 4 Winters Way, Winnipeg

Key Characteristics & Appeal

This River East home presents a solid, mid-century offering built in 1976. With 1,076 sqft of living space, its size is typical for the city but slightly more compact than others in the immediate neighborhood, suggesting an efficient layout. The assessed value of $400k is notably strong for its street, ranking above the local average, which points to good perceived value relative to its closest peers.

The appeal lies in its balance and established setting. The lot size of 6,650 sqft is a standout at the city-wide level, offering more outdoor space than many Winnipeg properties. This creates a valuable contrast: a moderately sized home on a generous lot. It suits practical buyers looking for a manageable interior to maintain without sacrificing yard space for gardening, recreation, or future expansion. The recent sale in late 2024 within the $350k-$400k range indicates it's a actively traded, market-aligned property in a mature area.

Frequently Asked Questions

Q: How does the home's size compare to nearby properties?
A: The living area is slightly below the average for the River East neighborhood but is very close to the Winnipeg city-wide average. On its own street, it ranks around the middle, indicating it's in line with the scale of homes directly around it.

Q: Is the assessed value of $400k high for the area?
A: On Winters Way itself, this assessment is above the street's average. In the broader River East neighborhood and across Winnipeg, however, it aligns closely with the typical assessed values, suggesting it is fairly valued in the wider market context.

Q: What is the significance of the lot size?
A: The lot is a key feature. While it's smaller than others on the street, it is actually larger than the average lot across Winnipeg. This means you're getting a more substantial piece of land compared to many city properties, which is a less obvious advantage.

Q: The home was built in 1976. What should I consider?
A: This is a typical build year for the street and area. It places the home firmly in an era of common construction materials and styles. A pre-purchase inspection is always recommended to understand the condition of major systems like roofing, plumbing, and wiring, which may be at or beyond their typical lifespan.

Q: How can I find out the exact sold price from 2024?
A: The public data shown is presented in a range. To obtain the exact sale figure, you would need to request a manual lookup from the site provider, as they do not display official MLS transaction records directly.