Property Overview: 1034 Bannerman Avenue, Winnipeg

Key Characteristics & Appeal

This 1,064 sqft bungalow, built in 1953, presents a compelling opportunity in Winnipeg's Robertson neighborhood. Its primary appeal lies in its standout position within its immediate community. The property boasts an assessed value that ranks in the elite top 5% on its street and top 4% in Robertson, signaling strong perceived value for the area. This is further enhanced by a land area of nearly 6,000 sqft, which places it in the top 2% of lots on Bannerman Avenue, offering rare potential for expansion, gardening, or outdoor space compared to nearby homes.

While the living space is average for the city, it is above average for the Robertson neighborhood itself. The home last sold in the $350k-$400k range in 2022, a price point that was in the top 3% for the street at that time. This combination suggests a property that is a high-performer on its block, likely appealing to buyers seeking a well-sized lot in an established area, with a home that has a solid foundation for updates. It would suit a practical buyer who values space and location over a brand-new build, potentially a young family, an investor looking at long-term value in a mature neighborhood, or someone interested in the potential of a larger lot.

Frequently Asked Questions

1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value is for municipal tax purposes and ranks very high locally, market conditions ultimately determine sale price. The previous 2022 sale price was also in a top percentile for the street, suggesting a history of commanding a premium relative to neighbors.

2. What does the "elite" land area ranking mean for me?
With a lot size in the top 2% on its street, this property offers significantly more outdoor space than most direct neighbors. This could allow for additions like a larger garage, a substantial deck or garden, or even a future addition, subject to zoning.

3. The home was built in 1953. What should I consider?
The year built is newer than many homes on the street and in Robertson. While this is a positive, any home of this age will require a thorough inspection of its major systems (roof, wiring, plumbing, foundation) to understand its current condition and any needed updates.

4. How does this property compare to the wider Winnipeg market?
City-wide, this home is around average for living area, land size, and assessed value. Its standout features are specifically relative to its immediate neighborhood and street, highlighting it as a above-average property within a more affordable community compared to the city average.

5. How can I get the exact historical sale price?
The site provides sold price ranges for general research. Due to industry rules, exact sale figures are not displayed publicly. You can request the full transaction history and exact sold prices directly via email from the site's service team.