Property Overview: 902 Polson Avenue, Winnipeg

Key Characteristics & Appeal

This 880 sqft bungalow, built in 1956, presents a compelling mix of value and potential in Winnipeg’s Robertson neighborhood. Its primary appeal lies in its strong positioning within its immediate area. While the living space is modest compared to broader averages, the property stands out on its street and in Robertson with an assessed value significantly above local benchmarks, suggesting it is viewed as a premium home within its specific context. The lot size is also generous for the street.

The home would suit a first-time buyer or downsizer looking for a manageable footprint without compromising on lot size, or an investor seeking a property with solid fundamentals in a stable neighborhood. Its above-average valuation for the area indicates it may already be updated or well-maintained, offering a move-in-ready opportunity rather than a major project. A thoughtful perspective is that this property represents a "big fish in a small pond" scenario—its value is anchored by the desirability of its specific block, making it less about citywide comparisons and more about localized appeal.

Frequently Asked Questions

1. Is the living area too small?
At 880 sqft, the home is below the average for both the street and city. However, this translates to lower utility costs and less maintenance, which can be ideal for singles, couples, or those looking to right-size.

2. Why is the assessed value so high compared to the neighborhood average?
The assessed value of $314k ranks in the top 15% on Polson Avenue. This typically reflects factors like recent updates, superior condition, a favorable location on the block, or additions that aren't captured in square footage alone.

3. How reliable is the sold price data shown?
The listed sale price range (CA$350k–400k) is based on publicly available data, not the MLS. For verified, exact historical sale figures, you must request a manual lookup from the site via email.

4. What does the year built (1956) mean for maintenance?
Built later than most on its street (average year built is 1934), this home may have more modern construction fundamentals. However, key systems like roof, plumbing, and wiring are likely at or entering their renewal period and should be inspected.

5. How does the lot size compare?
At 4,271 sqft, the lot is larger than average for Polson Avenue. This offers valuable outdoor space, potential for gardening, or room for additions like a shed or deck, which is a notable advantage in an older neighborhood.