Property Overview: 890 College Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, sits on a standard 3,279 sqft lot in the Burrows Central neighbourhood. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its value proposition and location-specific advantages. While its 801 sqft living area is modest, the property’s assessed value ranks above average for both its street and neighbourhood, suggesting it is viewed as a solid asset in its immediate context. The lot size is typical for the area, offering manageable outdoor space without extensive upkeep.
This property would suit first-time buyers or investors looking for an entry point into the Winnipeg market with a home that has seen some updates, notably in the basement. It’s also a practical fit for those who prioritize a detached garage and a neighbourhood where the property stands above average in value relative to its peers. A less obvious perspective is that, while the home is smaller and older by city-wide standards, its strong relative standing on its own street indicates it is one of the better-maintained or more desirable properties on the block, which can be a stabilizing factor.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is above the average for both College Avenue and the broader Burrows Central neighbourhood, indicating it is considered a higher-value property in its immediate locale.
2. Is the living space sufficient for a small family?
With 801 sqft of living area, the space is compact. It would likely suit a single person, a couple, or a very small family comfortable with a more efficient layout, potentially utilizing the renovated basement for additional living space.
3. What does the “above average” year built ranking mean?
Built in 1947, this home is newer than most on its street and in Burrows Central. This can sometimes correlate with updated infrastructure or materials compared to the many area homes built in the 1910s-1930s.
4. Are there any major concerns indicated by the data?
The data shows the living area and lot size are below the Winnipeg city-wide averages. Buyers seeking ample indoor and outdoor space may find it limiting, but those focused on the specific neighbourhood will find it more in line with local norms.
5. What is the significance of the detached garage?
In a neighbourhood with many older homes, a detached garage is a valuable practical asset for vehicle protection and storage, and it is a feature not always present in comparable properties.