Property Overview

This home at 911 Bond Street presents a solid, mid-century property in Victoria West. Built in 1957, it is notably newer than many homes on its street and in the wider community. With 1,020 sqft of living space, it aligns closely with the local averages for the area. A key feature is its 4,463 sqft lot, which is larger than typical for Bond Street, offering valuable outdoor space. The property's assessed value is above the street average but sits below the average for Winnipeg as a whole, suggesting a well-regarded location within a more affordable market segment.

Key Characteristics & Appeal

The appeal of this property lies in its balanced position within a mature neighborhood. It is not the largest or newest home on the market, but it holds competitive advantages within its immediate context. Its construction year is a relative strength, potentially meaning updated systems or less immediate need for major retrofits compared to older neighbors. The above-average lot size for the street is a significant asset, providing room for gardens, recreation, or future expansion.

It would suit practical buyers looking for a grounded entry into a established community like Victoria West. It’s ideal for someone who values a character neighborhood but prefers a home from the modern era of construction, and for those who see the value in a larger-than-standard lot on the street. It may also attract investors or homeowners attentive to property tax assessments, as its valuation is strong locally without carrying a premium city-wide price tag.

Frequently Asked Questions

1. What does it mean that the home is "newer" than the street average?
The average build year on Bond Street is 1941. This 1957 home is 16 years newer, which can often correlate with updates in building materials, electrical wiring, or floorplan layouts that post-war buyers sought.

2. The living space is below the Winnipeg average. Should I be concerned?
Not necessarily. The home's size is very typical for the Victoria West community, where average homes are just under 1,000 sqft. This indicates you are looking at a neighborhood with a consistent, often more cozy, home style rather than an undersized property.

3. Why is the assessed value above the street average?
A higher assessment than the street average can reflect the property's specific attributes—like its newer build year and larger lot—as perceived by the municipal assessor. It suggests the official valuation sees this as one of the stronger properties on the block.

4. How useful is the "city-wide" ranking for a buyer?
The city-wide comparison (e.g., being in the top 72%) provides a broad market context, showing this is a competitively priced home overall. However, the more localized street and community rankings are often more meaningful for understanding your day-to-day living context and value relative to immediate neighbors.

5. Does a larger lot size mean lower maintenance?
Not exactly. A larger lot offers more private space and potential, but it typically means more yard to maintain. The advantage here is that you're getting more land than is common for the street, which is a perk, but it comes with the responsibility of caring for it.