Property Overview
This 2017-built bi-level home at 1074 Alfred Avenue presents a distinct profile in Winnipeg's Burrows Central neighborhood. Its primary appeal lies in its modern construction, offering a turnkey alternative to the area's many century-old homes. With a compact 932 sqft layout, an unrenovated basement, and no garage, it prioritizes low-maintenance, efficient living over space.
Key Characteristics & Ideal Buyer
The standout feature is the home's age. Built in 2017, it ranks in the top 1-3% of homes on its street and in the neighborhood for newness, meaning major systems like roofing, plumbing, and wiring are contemporary and unlikely to need immediate replacement. This is a significant advantage in an area where most comparable homes are decades older. The lot is modest at 2,285 sqft, which translates to less yard upkeep—a plus for those seeking simplicity.
Its appeal is for practical, value-conscious buyers. It would suit a first-time homebuyer wanting a modern structure without a premium price tag, an investor looking for a newer rental property with lower maintenance costs, or downsizers seeking a manageable home without the concerns of an aging building. The home’s above-average assessed value for the immediate area suggests it is viewed as a solid asset within its local context, though it sits below the city-wide average, highlighting its positioning in an affordable market segment.
Frequently Asked Questions
1. What does "bi-level" mean for this home?
A bi-level typically has a short flight of stairs leading to the main living area (kitchen, living room, bedrooms) and another short flight down to a lower level, which here includes an unrenovated basement. This layout can offer good separation of space.
2. The lot size is noted as "below average." How significant is this?
The lot is smaller than most in the city, but is quite typical for the central neighborhood. This is often seen as an advantage for minimizing outdoor maintenance and landscaping costs.
3. The home sold in 2016, but was built in 2017. How does that work?
This likely indicates the property was purchased as a lot or a pre-construction build, with the home completed and occupied after the 2016 sale date. The 2017 year built is the key figure for the structure itself.
4. What are the implications of having an unrenovated basement?
It provides dry, secure storage and houses mechanical systems. It also represents blank-canvas potential for future finishing, but any renovation would be an additional project and cost for the buyer.
5. How does the lack of a garage affect daily living?
Buyers should plan for street parking. This is common in the area and factored into the price, but it means dealing with seasonal weather, municipal parking rules, and not having a dedicated workshop or storage space a garage provides.