Property Overview
This 1958 one-storey home at 1473 Selkirk Avenue presents a practical opportunity in Winnipeg's Burrows-Keewatin neighbourhood. Its key appeal lies in a combination of a renovated basement and a lot size that is notably larger than many on its street, offering room to grow or garden. With a modest 908 sqft living area and a detached garage, it suits first-time buyers, downsizers, or investors looking for a manageable property with solid fundamentals. The home’s assessed value ranks above average for its immediate area, suggesting it is well-positioned within its local market context. A thoughtful perspective is that, while the house itself is compact, the proportionally generous lot provides a valuable asset that is increasingly rare in urban settings—offering potential for future expansion, outdoor living, or simply more private space than typical for the street.
Frequently Asked Questions
1. How does the lot size compare to others?
At 4,102 sqft, the lot is larger than the average for Selkirk Avenue (approx. 3,730 sqft), placing it in the top 33% locally. This is one of the property's standout features.
2. What does "renovated basement" include?
The listing confirms a renovated basement but does not specify the scope. A professional inspection or inquiry with the seller is recommended to determine the finishes, permits, and current condition.
3. Is the assessed value the same as the market price?
No. The assessed value of $24,500 is for municipal tax purposes. Market price is determined by current buyer demand, condition, and comparable sales, and will almost certainly be different.
4. Who would this home suit best?
Given its size and layout, it is well-suited for first-time homeowners, those looking to downsize from a larger property, or an investor seeking a rental property with a desirable lot size.
5. The home was built in 1958. What should I consider?
While newer than many homes on its street (average year built is 1938), a 68-year-old home will still require careful evaluation of its major systems—like roof, plumbing, wiring, and foundation—despite the basement renovation.