Property Overview: 939 Selkirk Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1912, presents a straightforward opportunity in Winnipeg's Burrows Central neighbourhood. Its key appeal lies in its position as a modest, entry-level property with a notably low municipal assessed value. The 1,060 sqft living area is actually above average for the immediate neighbourhood, offering reasonable space for a small household or first-time buyer. The lot size of 3,014 sqft is typical for the street and area, providing standard outdoor space.
The property suits practical buyers looking for affordability and potential. It would appeal to an investor seeking a rental property with a lower entry cost, a handy buyer comfortable with a home that has an unrenovated basement and may require updates, or someone prioritizing land ownership and location over a modern, turn-key condition. A less obvious perspective is that its older age (1912) and established neighbourhood could offer a sense of character and stability not found in newer, rapidly developing areas, despite the maintenance that comes with it.
Section 2: Frequently Asked Questions
1. What does "basement, not renovated" typically mean?
This usually indicates the basement is in original or functional condition, but not modernized. It likely has foundational finishes (concrete floors, exposed beams/mechanicals) and serves as utility and storage space, not as a finished living area.
2. How significant is the low assessed value?
The assessed value ($14.10k) is for municipal tax purposes and is not a market price. However, it indicates very low annual property taxes, which is a definite financial advantage. The sale price will be determined by the market.
3. Is the older year built (1912) a concern?
It means the home likely has character but may require careful inspection for aging components like wiring, plumbing, and the foundation. It also means it was built with different standards and materials than modern homes.
4. How does the living space compare practically?
At 1,060 sqft, it's compact. The layout of an older two-storey will be crucial—some can feel spacious with good room proportions, while others may have smaller, segmented rooms. It's sized for a couple, small family, or single occupant.
5. What is the context of having no garage?
This is common for homes of this era in this area. On-street parking is the norm. The lot size allows for potential addition of a parking pad or garage in the future, subject to city bylaws and permits.