Property Overview: 190 Cavell Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Bruce Park is a classic Winnipeg property built in 1928. It sits on a near 4,000 sqft lot, which is a very typical size for its immediate street and neighbourhood. With 1,212 sqft of living space, a renovated basement, and a detached garage, it represents a practical and grounded opportunity.
Its primary appeal lies in its established location and straightforward metrics. The home doesn't stand out as exceptionally large or modern in city-wide comparisons, but it holds its own comfortably within the Bruce Park community. For a buyer, this translates into a known quantity: a character home in a mature neighbourhood without the premium or surprises of a more extreme property. The renovated basement adds valuable modernized space.
This property would suit a first-time buyer or a downsizer looking for a manageable, no-fuss home in a stable area. It’s also a sensible fit for an investor seeking a rental property with proven, average valuations in the area. The data suggests it's not a "project house" nor a luxury offering, but a solid, middle-of-the-road home for someone prioritizing location and practicality over size or newness.
Section 2: Frequently Asked Questions
1. Is the lot size a pro or a con?
It's typical. At just under 4,000 sqft, the lot is neither unusually large nor small for Bruce Park. It offers adequate outdoor space for gardening or relaxing without the maintenance burden of a much larger yard.
2. How does the 1928 build year affect the home?
While older than the city average, it's actually around the average age for this specific neighbourhood. Buyers should expect the character and potential upkeep common to homes of this era, but not an outlier in a street full of similar vintage properties.
3. The assessed value seems low. Why?
Note that the assessed value shown (~$28k) is not the market value; it is a figure used for municipal tax purposes. The sale price from late 2023 provides a more relevant market benchmark. Always consult a real estate professional for current market valuation.
4. What does "around average" in all the rankings mean?
It indicates stability. This home consistently performs in the middle of the pack compared to its direct neighbours and wider area for size, age, and value. This can be reassuring, suggesting it's unlikely to be over- or under-valued relative to its immediate surroundings.
5. Who might this home not suit?
Buyers seeking a modern, turn-key property or those wanting extensive square footage, a pool, or an attached garage may need to look elsewhere. Its appeal is rooted in its established neighbourhood character and practicality, not in premium features or size.