The real estate market in Winnipeg has seen a slow but steady increase in the average price for residential listings, which is currently above $300,000, according to the Canadian Real Estate Association. An important part of the Manitoba real estate market, The Gateway to the West is currently flooded with properties ranging from small, low-budget units to elegant, spacious private properties. We’ve looked at the two extremities of the local real estate market to showcase the different features these private residences possess.
Here’s what both sides of the same coin have to offer in Winnipeg:
Budget-Friendly Winnipeg Listing:
- Address: 20-2695 Main Street, Winnipeg, Manitoba
- Asking price: $105,000
- Bedrooms: 3
- Bathrooms: 1
- Living space: 955 square feet
Situated in the Rivergrove real estate market, in the northern part of the city, this bungalow-style home might look humble from the outside, but it has been extensively renovated throughout. It features a brand new kitchen with laminate flooring, wooden cabinets and all the necessary appliances. The washroom has also been upgraded and the windows have been recently changed. The listing offers 955 square feet of living space in total, spanning the main rooms, 3 good-sized bedrooms and a bathroom. The property also comes with a fully-fenced back yard, a patio and 2 designated parking spaces.
Luxury Winnipeg Listing:
- Address: 24 Eastoak Drive, Winnipeg, Manitoba
- Asking price: $1,650,000
- Bedrooms: 4
- Bathrooms: 5
- Living space: 3,723 square feet
This is a rare opportunity to purchase a luxurious property in one of the most in-demand locations in the city. The two-level residence features unique, high-end finishes throughout both its indoor and outdoor areas. It offers over 3,500 square-feet of living space, spanning 4 huge bedrooms, 5 washrooms and the beautifully-arranged main rooms. The immaculate kitchen is every chef’s dream, boasting top-of-the-line appliances, a breakfast bar and plenty of cabinet space next to a dining nook with a gorgeous view of the lake. You can entertain your guests either in the bright living area offering a fireplace and a wine cellar, or in the rec room situated in the basement, which comes with a pool table and a wet bar.
The property is a wonderful example of prestigious Royalwood real estate, situated in the south-eastern part of Winnipeg. It is located on a family-friendly street, close to all the necessary amenities and the highway, on which you can easily get to downtown. The lovely home overlooks the lake and features a meticulously-maintained private garden with mature trees and shrubs, a spacious patio, a barbecue area and a large swimming pool.
You can keep on looking for more options by scanning the available condos for sale in Winnipeg, along with the luxury real estate in Winnipeg. If you’d like to look around the wider area, we recommend taking a look at the new listings in Headingley and the single family homes for sale in Lockport.