Property Overview: 6-776 Manitoba Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, modern condo unit in Winnipeg's Burrows Central neighbourhood. Built in 2014, its primary appeal lies in being a relatively new, low-maintenance property in a city where the average home is significantly older. With 860 square feet of living space, it is above average for its immediate area but typical for the city overall. The unit has no basement, pool, or private garage.
Its strongest selling points are its modernity and financial accessibility. The assessed value is notably below the Winnipeg average, suggesting a lower property tax burden and an entry point into homeownership. It would suit a first-time buyer, an investor looking for a newer rental property, or someone seeking a simple, manageable living space without the upkeep of an older house or a larger unit. A less obvious perspective is its appeal to those who value predictability; a 12-year-old building likely has major systems in good working order, potentially avoiding the surprise repair costs common with much older properties.
Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value of $16,300 is above average for the immediate street and neighbourhood but below the Winnipeg average. This typically indicates a relatively lower annual property tax bill compared to many city homes.
2. How does the living space compare to nearby homes?
At 860 sq ft, this unit is larger than most comparable homes on Manitoba Avenue and in Burrows Central, where the average is about 805 sq ft. Citywide, however, it is slightly smaller than the average condo or house.
3. What is the significance of the 2014 build year?
Built just 12 years ago, this unit is newer than approximately 80% of homes in Winnipeg. This is a key advantage, suggesting modern construction standards, materials, and likely more efficient mechanical systems (like heating and wiring) than the city's predominantly 20th-century housing stock.
4. What should I consider regarding the lack of a garage?
Prospective buyers should factor in the logistics and cost of street parking or securing a nearby rental parking spot, especially during Winnipeg winters.
5. Who might this property not suit?
It may not be ideal for those requiring significant storage space (due to the lack of a basement and garage) or for buyers whose primary goal is rapid, substantial equity growth, as the below-average assessed value may reflect the neighbourhood's market position.