Property Overview
This is a modest, one-storey home on a standard city lot in Winnipeg's Burrows-Keewatin neighbourhood. Built in 1948, its key appeal lies in its land value and location on Manitoba Avenue, presenting a straightforward, lower-cost entry point into the housing market. The home itself is compact at 876 sq ft, with a detached garage and no basement. Its most recent sale was in early 2019.
The property would suit a pragmatic, value-conscious buyer—perhaps a first-time investor looking for a rental property with land potential, or a hands-on owner willing to live in the home while considering future redevelopment options for the lot. Its below-average assessed value and sale price compared to the wider city indicate it's a budget-conscious choice, not a move-in-ready showcase home. The appeal is fundamentally about the parcel of land and its positioning on a major artery, rather than the existing structure.
Frequently Asked Questions
1. Is the house in need of major repairs?
Given its age (1948) and the fact it hasn't changed hands since 2019, buyers should budget for updates and essential maintenance. An inspection is crucial to understand the condition of major systems like roofing, wiring, and plumbing.
2. What are the redevelopment possibilities for the lot?
With a land area of 4,474 sq ft that is above average for the immediate street, the lot holds potential. A buyer should investigate current zoning bylaws with the City of Winnipeg to understand what could be built, either as a replacement or an addition.
3. How does the lack of a basement affect utility and storage?
Without a basement, mechanical systems like the furnace and water heater will be on the main floor, using up living space. Storage will also be limited to the main floor and the detached garage, which is a key consideration for practicality.
4. What is the neighbourhood like for daily living?
Being on Manitoba Avenue means direct access to major transit and city infrastructure. This is convenient for commuting, but also means dealing with higher traffic volume and noise compared to a quiet residential side street.
5. Why is the assessed value so much lower than the Winnipeg average?
The assessed value reflects the property's specific characteristics: an older, smaller home on a standard lot in this particular neighbourhood. It's not an outlier for its local area, but it sits well below the citywide average, which is skewed by newer, larger homes in higher-value districts.