Property Summary

Key Characteristics & Buyer Profile

This is a 2004-built home with roughly 1,143 square feet of living space on a 5,779-square-foot lot. The living area is a bit below average for its street, neighbourhood, and city—think compact but functional, not cramped. The year built is notably newer than many homes in the area, which can mean fewer immediate updates needed and better insulation or layout standards than an older house. Assessed value sits around $393,000, which is middle-of-the-road compared to the city but on the lower side for its own street and neighbourhood. The lot size is slightly above average citywide, giving a touch more outdoor space than typical infill lots.

The appeal here is less about flashy metrics and more about balance. This isn’t the biggest house on the block, but it’s newer construction with a solid yard. Buyers who value a manageable footprint—couples, small families, downsizers—and prefer a home that’s already been updated relative to older stock will find it practical. It’s not a standout investment on paper, but it avoids the common pitfalls of a fixer-upper or a too-small lot. Someone looking for an honest, move-in-ready home in a settled neighbourhood, without paying for square footage they don’t need, would be a natural fit.

Frequently Asked Questions

1. How does the living area compare to typical homes in this price range?
At roughly 1,143 square feet, it’s on the smaller side for Winnipeg homes in this price tier. Many comparably valued houses offer 1,200–1,400 square feet. That said, the newer construction year offsets some of that—you’re paying for a more modern build rather than raw space.

2. Is the assessed value a reliable indicator of market value?
Assessed value is a starting point, not a guarantee. This property’s assessment is around average for the city but below average for its street and neighbourhood. That could mean the home is priced conservatively or that recent sales nearby have pushed values higher. A local realtor’s CMA (comparative market analysis) would give a clearer picture.

3. How does the lot size affect usability?
5,779 square feet puts it above the city median, so you have a decent backyard for a garden, a playset, or a patio. It’s not sprawling, but it’s more generous than many newer subdivisions where lots are often under 4,000 square feet. The trade-off is that the house footprint itself is modest, so outdoor space feels like the real asset.

4. What should I look out for with a 2004-built home?
At roughly two decades old, mechanical systems (furnace, water heater, roof) could be approaching end of life if not replaced. Check for original windows and insulation quality—2004 was before some efficiency standards tightened, but it’s still far better than a 1980s home. Also, examine the foundation and grading, as settlement issues can show up around this age in clay-heavy Winnipeg soil.

5. Why is the ranking on Brunet Promenade lower than for the city overall?
The street and neighbourhood rankings reflect that this home is smaller and has a lower assessed value than many of its neighbours. It’s not a bad house—it’s just that the immediate area has pricier, larger homes. Citywide, you’re more competitive because you’re comparing against older, smaller, or less updated properties. In short: you’re buying into a neighbourhood where the average home is a bit above yours, which could be a good value proposition if prices continue rising.