Property Summary: 801 Bannerman Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a compelling mix of modern convenience and established neighborhood value. Built in 1993, it is a notably newer construction compared to most homes on its street and in the Robertson area, where average build dates are from the 1930s and 1940s. This suggests potentially lower maintenance needs and more contemporary building systems. With 937 sqft of living space, it is comfortably sized for the local area, though more compact compared to the Winnipeg city average.

Its primary appeal lies in its strong value positioning within its immediate community. The assessed value of $353k ranks in the top 5% on Bannerman Avenue and top 2% in Robertson, indicating it is viewed as a premium property relative to its neighbors. This is paired with an above-average lot size of 4,857 sqft for the street, offering good outdoor space. The perspective here is one of a "big fish in a small pond"—it stands out favorably on its own block but sits around the citywide average for value, making it a solid, established choice within a specific community rather than a city-wide trophy home.

This property would suit a buyer looking for a move-in-ready home in a mature neighborhood without the uncertainties often associated with much older houses. It’s ideal for small families, couples, or downsizers who prioritize a newer build, a generous lot, and a strong relative value within a specific community over maximizing square footage.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to other homes on the street?
The assessed value is in the top tier for the area, likely reflecting the home's relatively recent 1993 construction date, its larger-than-average lot size for the street, and potentially updates or conditions that add premium value compared to the neighborhood's predominantly pre-1950s housing stock.

2. How does the living space compare to a typical Winnipeg home?
At 937 sqft, the living area is below the Winnipeg city average of about 1,342 sqft. However, it is much more aligned with—and even slightly above—the averages for both the Robertson neighborhood (977 sqft) and Bannerman Avenue (1,114 sqft), indicating it is a reasonably sized home for this specific location.

3. What does the 2016 sale price tell us about its current value?
The home sold for an estimated $200k-$250k in late 2016. The significant increase to its current $353k assessment highlights the strong market appreciation it has experienced over the past 8+ years, consistent with broader market trends and its desirable newer-build status in an older area.

4. Is the lot size a significant feature?
Yes. The lot of 4,857 sqft is above average for both the street and the neighborhood, offering more private outdoor space than many comparable properties. This is a valuable asset for gardening, recreation, or future expansion.

5. How can I verify the exact historical sale prices?
The provided sale price is an estimated range from public data. Due to industry regulations, exact MLS sale records are not published on this site. You can request the full, verified transaction history by contacting the site directly via email for a manual lookup.