Property Overview
This 2020-built bi-level home at 1902 Bannatyne Avenue W in Winnipeg's Brooklands neighbourhood offers a modern residence on a standard city lot. Its key appeal lies in its relative newness within an area of predominantly older homes, providing contemporary construction without the premium of a brand-new subdivision. With 1,050 sqft of living space and an unrenovated basement, it presents a straightforward, low-maintenance living option.
The home suits first-time buyers or investors seeking a modern, turn-key property with room to potentially finish the basement for added value. It also appeals to those who prefer a newer mechanical system (roof, furnace, etc.) for peace of mind, but who don't require a large lot or garage. A thoughtful perspective is that its above-average assessed value for the immediate area reflects its modern build, yet it remains accessibly priced in a city-wide context, representing a practical entry point into newer construction.
Key Details & FAQs
Key Characteristics & Appeal
- Modern in an Established Area: Built in 2020, this home is newer than over 95% of properties in Brooklands and on its street. This is its defining characteristic, offering contemporary building standards among much older homes.
- Efficient Footprint: The 1,050 sqft bi-level layout provides efficient living space. The living area is notably above average for the Brooklands neighbourhood itself.
- Lot & Potential: The 3,710 sqft lot is typical for the area. The existing, unrenovated basement presents a clear opportunity for future expansion or customization to suit a buyer's needs.
- Target Buyer: Ideally suited for the practical first-time homebuyer or an investor looking for a modern rental property. It's for those who prioritize a newer, worry-free structure over having a garage or a large, sprawling yard.
Frequently Asked Questions
1. Is the home in good condition given it's only 6 years old?
As a 2020 build, the major components (roof, siding, windows, furnace) are all relatively new and likely under or just beyond typical warranty periods, suggesting lower immediate repair costs compared to an older home.
2. Why is the assessed value higher than many neighbours?
The assessed value reflects the property's modern construction year. Compared to nearby homes built in the 1950s-1970s, this property's newer systems and materials contribute to a higher valuation.
3. What does "bi-level" mean for the layout?
A bi-level typically has a main living area (kitchen, living room, dining) on one level, with bedrooms on another level that is partially above ground. Entry is usually via a short staircase landing between the two primary floors.
4. How does the lot size compare?
The lot is approximately 3,710 sqft, which is very standard for Brooklands and on Bannatyne Avenue W. It is smaller than the city-wide average, which is typical for mature neighbourhoods.
5. What is the potential for future expansion?
The home has significant potential in its unrenovated basement. Finishing this space would be the most direct way to increase the home's liveable square footage and add value.