Property Overview
This is a modest, one-storey home on a standard residential lot at 3770 Ness Avenue in Winnipeg's Buchanan neighbourhood. Built in 1969, it features a renovated basement. The home last sold in September 2019 for $270,000.
Key Characteristics & Appeal
The primary appeal of this property lies in its efficient scale and its position on a desirable lot. With 912 square feet of living space, it is a compact home, well below average size for the area. This makes it a low-maintenance option, potentially appealing to first-time buyers, downsizers, or investors seeking a manageable property. The renovated basement adds valuable functional space.
Its standout characteristic is the land itself—a 5,122 sqft lot that is around average for the city but notably newer than most on its street. The data shows the home's year of construction ranks in the top 4% on Ness Avenue, meaning it is one of the newer houses on the block, which can be a less obvious advantage in an older neighbourhood.
The assessed value is above average for the immediate street, which may reflect the basement renovation and the lot's attributes. This property would best suit a practical buyer who prioritizes land value and location over interior square footage, or someone looking for a solid foundation to potentially expand the living space in the future, given the generous lot size relative to the home's footprint.
Frequently Asked Questions
1. Is the basement renovation a legal suite?
The listing notes a renovated basement but does not specify it as a legal, rentable suite. A buyer should verify its compliance with local codes and zoning regulations.
2. How does the lack of a garage affect parking and storage?
The property has no garage. Buyers should assess on-street parking availability and consider the cost of adding a shed or alternative storage solutions.
3. The living area is noted as below average. How does the layout feel?
At 912 sqft, the main floor living space is compact. The renovated basement likely provides crucial extra room for laundry, storage, or recreational use, making the overall footprint more functional.
4. The home sold in 2019 for $270k. What does that tell us?
The 2019 sale price provides a historical benchmark. Its "below average" price ranking city-wide at that time is consistent with the home's smaller size, suggesting its value is strongly tied to its lot and location.
5. What are the implications of the lot size and newer build year?
The lot is a standard city size but is newer than most on the street. This could mean fewer issues with mature tree roots or outdated service connections, and it may offer more flexibility for landscaping or future additions compared to older, more built-up properties.