Property Summary: 1812 Legion Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in Brooklands, built in 1915. Its key characteristics are its modest scale and its position as a land-value opportunity. The living space is 666 sq ft, which is notably smaller than most area homes, and the basement exists but is not renovated. There is no garage. The lot size of 2,501 sq ft is also below average for the immediate street and neighbourhood.
The primary appeal lies in its affordability and potential, underscored by a very low assessed value. It suits specific buyer types: first-time buyers or investors seeking an entry point into the market with a clear focus on the land value. It could also appeal to a minimalist buyer looking for a small footprint to renovate to their taste. A less obvious perspective is that its age and smaller size may translate to lower utility costs and property taxes compared to larger, newer homes in the city, offering a different kind of financial efficiency. This isn't a move-in-ready property; it's a foundation for a project or a strategic, low-cost holding.
Frequently Asked Questions
1. What does "below average" for land area and living space actually mean?
The data shows this home's lot and living area are smaller than the majority of homes on its street, in Brooklands, and across Winnipeg. For example, comparable homes on Legion Avenue average nearly 4,000 sq ft lots and 894 sq ft of living space.
2. Why is the assessed value so much lower than the citywide average?
The assessed value of $17,500 is reflective of the home's smaller size, age, and condition relative to the broader Winnipeg market, where the average assessed value for comparable homes is significantly higher. It indicates the valuation is heavily weighted toward the land.
3. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should assume it is in original, unfinished condition and budget for any desired improvements.
4. What type of buyer would this property be best for?
It is best suited for buyers comfortable with a project, such as investors, renovators, or those seeking the most affordable entry into homeownership with a plan to improve the property over time.
5. How does the 1915 build year affect the property?
A home of this age will likely require careful attention to foundational, electrical, and plumbing systems. While it offers classic charm, modernizations and maintenance consistent with its era should be anticipated and inspected.