Property Overview: 848 Polson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 848 Polson Avenue presents a solid, mid-century property in Winnipeg's Robertson neighborhood. Built in 1956, it is notably newer than many homes on its street and in the immediate area, which may suggest fewer concerns with the aging infrastructure common in older houses. With 1,028 sqft of living space, it is very typical for Robertson but sits below the Winnipeg city average, indicating a more compact, manageable footprint.

The property’s primary appeal lies in its strong value positioning within its local context. Its assessed value of $311,000 is significantly above the street and neighborhood averages, yet it remains around the city-wide average. This suggests you are investing in a home that is considered premium for Polson Avenue, potentially offering better finishes, condition, or updates than immediate neighbors. The lot size of 4,517 sqft is also above average for the street, providing valuable outdoor space.

This home would suit a first-time buyer or downsizer looking for a established, no-frills neighborhood where their investment buys a comparatively strong standing. It’s for someone who values being "a big fish in a small pond"—owning one of the better properties on the block—over having a larger home by broader city standards. The data implies a buyer comfortable with a home that may have seen some updates since its 1956 construction, given its assessed value premium.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to the likely selling price?
The assessed value of $311,000 is for municipal tax purposes and is not a direct indicator of market value. However, it being well above the street average suggests the property has features or a condition that the city assessor views favorably. Market price will be determined by current demand, recent comparable sales, and the home's exact state.

2. The home sold between $250,000-$300,000 in 2016. What does that mean for today's value?
That sale occurred nearly a decade ago. The fact that the current assessed value is above that old sale range reflects general market appreciation and possibly improvements made to the property since. It provides a historical anchor point but is not a guide to today's value.

3. Is the living area of 1,028 sqft too small?
It depends on your needs. It is perfectly average for the Robertson area and very close to the neighborhood norm. It represents a more efficient, easier-to-maintain space compared to the city-wide average, which may be appealing for smaller households.

4. What does it mean that the home is "newer" than most on the street?
With an average build year of 1934 on Polson Avenue, this 1956 home is roughly 22 years newer. This can be a practical advantage, potentially meaning updates to original plumbing, electrical, or structural components happened more recently, and the building style may be slightly more modern.

5. How can I verify the exact past sale price?
The site provides sold price ranges based on public data. Due to industry rules, they cannot display exact MLS sale figures here. You can request the exact sold price history by emailing them directly for a manual lookup, as noted in the property details.