Property Overview: 1920 Elgin Avenue W, Brooklands, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, no-frills one-storey home built in 1953, situated on a notably spacious lot for its Brooklands neighbourhood. The property’s primary appeal lies in its land—at nearly 3,900 sqft, the lot size is well above average for both the immediate street and the broader area, offering significant outdoor space and potential. The home itself is modest at 720 sqft of living area, but it features a renovated basement, adding functional space. A detached garage provides practical storage or workshop space.
Its charm is grounded in practicality and opportunity. It suits a first-time buyer or an investor looking for an entry point into the market with a property that has a strong land-to-structure ratio. The below-average living area and vintage condition mean it’s likely priced accessibly, but the generous lot and renovated basement offer immediate utility and a clear path for future expansion or renovation. It’s a property for someone who values the inherent asset of the land itself and sees the home as a solid canvas.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, legal compliance, and moisture control should be verified through a viewing and inspection.
2. How does the low assessed value affect property taxes?
With an assessed value significantly below typical city-wide averages, the municipal property tax burden is likely relatively low, which is a key ongoing cost advantage.
3. Is the large lot subdividable or suitable for an addition?
The lot size is a major feature. A buyer should consult with the City of Winnipeg’s planning department to understand any zoning restrictions or opportunities for adding a suite, expanding the home, or future subdivision.
4. The home sold in 2019 for $200k. What does that indicate?
The previous sale provides a recent market benchmark. Understanding what changes, if any, have been made since that sale will help assess current value.
5. What is the neighbourhood character of this part of Brooklands?
The listing shows neighbouring properties are similarly sized, older homes, suggesting a stable, established streetscape. Prospective buyers should visit at different times to gauge noise levels from nearby streets and overall community feel.