Property Overview: 1829 Logan Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 1829 Logan Avenue in Brooklands presents a compelling mix of modern convenience and practical living. Its standout feature is its age; built in 2017, it is a significantly newer construction than most homes on its street, in Brooklands, and across Winnipeg. This translates to less immediate concern for major system replacements and potentially more contemporary building standards. The home sits on a modest, manageable 2,511 sqft lot and offers 831 sqft of living space, which is quite typical for the immediate area. A key updated feature is its renovated basement, adding functional space.
The appeal lies in its turnkey, low-maintenance potential for the right buyer. It suits first-time homebuyers or downsizers seeking a modern, efficient property without the upkeep of a century-old home or a large yard. Investors may also be interested, as the recent sale history and assessed value suggest a property that performs well within its local market context. A thoughtful perspective is that while the living space is average for the neighbourhood, its newness is a rare asset in an area of predominantly older homes, offering a different value proposition than a renovated character home.
Section 2: Frequently Asked Questions
1. Is the 2017 build date a significant advantage?
Yes. Being in the top 10% of homes for year built in Brooklands means it likely has newer roofing, windows, HVAC, and insulation compared to the neighbourhood average, which dates to the mid-1960s. This can mean lower repair costs and better energy efficiency.
2. The lot size is below average. Is that a drawback?
It depends on your priorities. The lot is smaller than many in the city, but is quite standard for Brooklands. This can be a positive for those seeking lower exterior maintenance, less landscaping work, and a more efficient use of space.
3. How does the recent sale price compare?
The property sold for $34.5k in November 2024. Market data shows this price is well above average for sales on Logan Avenue itself and above average for Brooklands, indicating strong demand or perceived value for this specific property relative to its direct peers.
4. What does "renovated basement" typically mean for a bi-level?
In a bi-level, the basement is partially above ground, often with full-sized windows. A renovated basement in a home of this age likely means the lower level is finished as comfortable living space, such as a family room or additional bedrooms, effectively doubling the usable area.
5. The assessed value seems low. Why?
It’s important to note the assessed value ($29.9k) is for taxation purposes and is not a market valuation. The fact that it is above average for the street but below average city-wide reflects the system comparing it to similar property types and the overall lower property values in its specific market area compared to the entire city.