Property Overview: 1080 Manitoba Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, century-old home (built 1913) on a standard city lot in the Burrows Central neighbourhood. Its key characteristic is its modest scale, with a living area of 560 sqft ranking it among the smaller homes in Winnipeg. The property includes a full, unrenovated basement and is a one-and-a-half storey design. There is no garage or pool.
The primary appeal lies in its affordability and land value. With a very low assessed value and a recent sale price of $13,500, it represents a minimal entry point into the Winnipeg market. The lot size, while below average for the city, is typical for the area and offers potential for outdoor space or future expansion. This property would suit a highly budget-conscious buyer, such as an investor looking for a straightforward rental property, a hands-on individual seeking an extreme fixer-upper project, or someone prioritizing land ownership in the city over the condition or size of the dwelling. It is not suited for those needing move-in-ready conditions or more space.
A less obvious perspective is that its age and location on a major artery like Manitoba Avenue place it in a context of established, dense urban living. Its value is almost entirely in the land and the structure's shell, making it a clear canvas for someone with a specific vision or redevelopment plan, rather than a traditional home.
Section 2: Frequently Asked Questions
Q: What does "below average" for living area actually mean?
A: The 560 sqft of living space places this home in the bottom 2% of similar properties on its street and the bottom 4% within the Burrows Central neighbourhood, making it exceptionally compact.
Q: Is the basement usable?
A: The listing confirms a basement exists but notes it is "not renovated." Buyers should anticipate it being in original or rough condition, suitable for storage or mechanicals, but not finished living space.
Q: How does the assessed value compare to the sale price?
A: The home last sold for $13,500 in May 2021, which was slightly above its assessed value of $11,800 at that time. This indicates the market price was closely aligned with its official valuation.
Q: What are the implications of the home's age?
A: Built in 1913, the home is over 110 years old. While this can contribute to character, it typically means potential for older building materials, systems (like wiring and plumbing), and a greater need for maintenance or specific renovations to meet modern standards.
Q: The lot seems average for the area but small city-wide. What does that mean?
A: The 3,232 sqft lot is typical for Burrows Central, meaning it fits the neighbourhood pattern. Its "below average" city-wide ranking reflects that newer suburban lots are generally larger, but it does not indicate an unusually small yard for this specific, established community.