Property Overview
This one-and-a-half storey home on Manitoba Avenue presents a practical opportunity in Winnipeg's Burrows Central neighbourhood. Built in 1911, its key characteristic is a generous living area (1,226 sq ft) that is notably above average for both the street and the immediate area, offering more interior space than many neighbouring homes. The property sits on a standard city lot (3,582 sq ft) and features a detached garage and an unrenovated basement.
The appeal lies in its value proposition as a spacious, character home in an established area, with a recent sale price significantly below the citywide average. It suits buyers looking for a footprint with room to grow into, who are comfortable with the maintenance and potential updating that comes with a century-old home. It’s a practical choice for those prioritizing interior square footage over a newer build or a large yard, and it may attract investors or homeowners interested in the long-term potential of the area.
Frequently Asked Questions
What does "above average living area for the area" actually mean?
Compared to similar homes directly on Manitoba Avenue and in Burrows Central, this house offers more interior space than roughly 80-85% of them. This is its standout feature against local benchmarks.
Is the low assessed value a concern?
The assessed value is for municipal tax purposes and is not a market valuation. Its assessed value is typical for the local area but is far below the Winnipeg average, reflecting the neighbourhood's market rather than the condition of this specific property.
What should I consider about the unrenovated basement?
While it offers storage and future potential, an unrenovated basement in a 1911 home warrants a careful inspection for foundational integrity, moisture management, and the state of older systems like wiring or plumbing that may be located there.
How does the 2023 sale price relate to the current asking price?
The provided sale price from July 2023 establishes a recent market benchmark. The current listing price will reflect market changes, any improvements made since that sale, and the seller's current valuation.
The home is older than most on the street. What are the implications?
While it offers classic character, it also means major systems (roof, wiring, plumbing) are likely older or have been updated at different times. A thorough inspection is crucial to understand the home's maintenance timeline and any upcoming capital needs.