887 Manitoba Avenue

Property Overview: 887 Manitoba Avenue, Winnipeg

Key Characteristics & Appeal

This bi-level home at 887 Manitoba Avenue in Burrows Central presents a compelling mix of modern convenience and practical value. Its standout feature is its age; built in 2016, it is a newer construction that ranks in the top 4% of homes on its street and top 3% within the neighbourhood for year built. This translates to less immediate concern over major system replacements and potentially higher energy efficiency compared to the area's predominantly older housing stock. The home includes a renovated basement and a detached garage, sitting on a standard city lot.

The appeal lies in its solid positioning within its immediate context. While its living space is average for the area, its assessed value is notably high for both the street and neighbourhood (ranking in the top 9% and elite top 2%, respectively), suggesting official recognition of its condition and modern build. It suits first-time buyers or practical investors seeking a low-maintenance, turnkey property without the premium of a brand-new subdivision. It’s also a sensible choice for those who value a modern foundation but prioritize location and lot size over a larger interior footprint.

Frequently Asked Questions

1. Is the high assessed value a concern for property taxes?
While a higher assessed value can influence taxes, it primarily reflects the property’s modern build and condition relative to older neighbours. Taxes are determined by the municipal mill rate, and this assessment indicates the home is officially valued well above the neighbourhood average.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or whether it includes a legal suite. This is a key detail to clarify with the selling agent to understand the home’s full living and potential income space.

3. How does the living area compare to nearby homes?
At 1,040 sqft, the living area is average for both Manitoba Avenue and the Burrows Central area. It provides standard space for a bi-level, but buyers seeking larger interior square footage will find homes in this price range with more space in other parts of the city.

4. The home sold for $26.7k in 2016. What does that mean?
That was likely the sale price of the vacant lot prior to the home's construction in 2016. The current asking price will reflect the full value of the constructed property.

5. What are the benefits of a detached garage?
A detached garage offers flexibility, potentially allowing for a workshop space separated from the house. It can also simplify future property expansions, like a rear addition, without needing to relocate garage infrastructure.