836 Mountain Avenue

Property Overview: 836 Mountain Avenue

Key Characteristics & Appeal

This is a classic one-storey home on a notably spacious lot in Winnipeg's Burrows Central neighbourhood. Built in 1921, its primary appeal lies in its generous 5,411 sqft land area, which ranks well above average for both the street and the immediate area. The home itself is modest in size at 864 sqft of living space, but it features a renovated basement, adding functional square footage, and a detached garage. The assessed value is consistent with similar homes nearby, suggesting a stable, entry-point valuation.

Its charm is grounded in potential and space rather than outright size. The large lot is a significant asset, offering room for gardening, expansion, or outdoor living—a rarity in this price segment. The renovated basement adds immediate utility. This property would suit first-time buyers, practical investors, or downsizers looking for a manageable home with outdoor space and the value-add potential of a large yard. It’s a home for those who see the value in land and are comfortable with a character home that may require updates over time.

Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, permits, or moisture control are not provided. This would be a key area for inspection and discussion with the seller.

2. How does the low assessed value impact property taxes?
A lower assessed value typically results in lower municipal property taxes compared to a newer or larger home with the same market price. This can be a meaningful ongoing savings.

3. Is the large lot subdividable or suitable for an addition?
While the lot size is a standout feature, any plans for a secondary suite, laneway home, or significant addition would require verification of current zoning bylaws and feasibility with the City of Winnipeg.

4. What should I consider with a home from 1921?
While the basement is renovated, the core structure is over a century old. Prospective buyers should budget for and investigate the condition of major aging components like the foundation, plumbing, electrical systems, and the roof.

5. The living area is below average. How does the layout function?
With 864 sqft on the main floor, the floor plan is likely compact. The renovated basement is crucial for adding functional space for laundry, storage, or recreational use, effectively making it a multi-level home.