Property Summary: 23 Gallagher Avenue W, Winnipeg
Section 1: Key Characteristics & Appeal
This is a modest, one-storey home in Brooklands, built in 1956 on a notably spacious lot. The property's primary appeal lies in its land. At 3,768 sqft, the lot size is well above average for both the immediate street and the Brooklands neighbourhood, offering significant outdoor space and potential relative to the home's footprint. The house itself is compact, with 720 sqft of living space, positioning it as an affordable entry point into the market.
Its appeal is grounded in practicality and potential. It would suit first-time buyers, investors, or downsizers seeking a lower-maintenance property with a manageable interior and valuable outdoor space. The above-average lot for the area is a key asset, whether for gardening, expansion, or simply enjoying more privacy than typical in this price range. The home’s assessed value is modest, suggesting a property that is financially accessible with taxes likely below the city average. A thoughtful perspective is that this property represents a "land-value play" in a mature neighbourhood—the value is disproportionately in the plot, offering options for future renovation or holding as the area evolves.
Section 2: Frequently Asked Questions
1. What is the true highlight of this property?
The land. The lot is significantly larger than most on the street and in Brooklands, which is uncommon for homes in this price bracket and represents its most distinguishing feature.
2. Is this a move-in ready home?
Based on the living area size and age of the home, buyers should anticipate a property that may require updates or renovations. Its compact size and 1956 build date suggest it is likely a candidate for modernization.
3. Who would this property best suit?
It’s an ideal candidate for a first-time buyer comfortable with a smaller home, an investor looking for a rental property with a good lot size, or someone seeking an affordable, lower-maintenance base with room to garden or enjoy outdoor space.
4. How does the lot size compare to the city average?
While the lot is large for its immediate area, it is below the Winnipeg city-wide average. This highlights Brooklands' character as a neighbourhood with generally smaller, well-established lots, making this one stand out locally.
5. What does the sale history indicate?
It last sold in September 2019 for $150,000. This recent sale provides a clear, contemporary benchmark for its market value, which appears closely aligned with its assessed value.