Property Overview: 934 Manitoba Avenue
Key Characteristics & Appeal
This 1912 two-storey home in Burrows Central offers a compelling blend of historic charm and modern updates. Its primary appeal lies in its generous proportions and solid foundation. With 1,716 sqft of living space, it ranks in the top 6% of homes on its street for size, providing ample room for a growing family or those who value spaciousness. The lot is also notably large at 3,547 sqft. A key modern convenience is the renovated basement, adding valuable finished space, and the property includes a detached garage.
The home’s assessed value of $30.3k positions it as a practical entry point into the Winnipeg market, particularly for value-conscious buyers or investors. It would suit a hands-on buyer who appreciates the character of a century-old home and is prepared for the ongoing maintenance that comes with it, balanced by the upside of a renovated basement. A less obvious perspective is its appeal to those looking for a "blank canvas" property—the significant lot size and large floor plan offer long-term potential for expansion or renovation that many newer infill lots cannot match.
Frequently Asked Questions
1. What does the assessed value tell me about the property taxes?
The assessed value of $30,300 is used by the city to calculate a portion of your property taxes. It’s important to note this is typically lower than market value. You should budget for annual taxes based on this figure and the city's current mill rate.
2. How does the age of the home (1912) affect ownership?
While the home has historic character, being over 110 years old means potential buyers should prioritize inspections for foundational integrity, plumbing, electrical systems (which may have been updated over time), and the roof. The renovated basement is a positive sign of recent investment.
3. The living area is large for the street, but the assessed value isn't. Why?
This discrepancy often highlights the core opportunity. You are acquiring significantly more physical space (top 6% on the street) at a value-oriented price point. The difference may reflect the home’s age and condition relative to its size, or market factors specific to the neighbourhood.
4. What is the significance of the detached garage?
In a neighbourhood of older homes, a detached garage is a valuable asset for vehicle protection, storage, or as a potential workshop space. It also provides flexibility that a built-in garage in an older home often does not.
5. Who are the typical buyers in this area?
Burrows Central often attracts first-time homebuyers, practical investors looking for rental properties, and families seeking spacious homes on larger lots without the premium price tag of newer subdivisions. It’s a neighbourhood for those prioritizing square footage and value over a turn-key, modern finish.