Property Overview
This single-storey home on a large lot presents a specific and practical opportunity. Built in 1955, its key appeal lies in the scale of its property and living space relative to its immediate area. With 1,552 sqft of living area, it ranks in the top 3% of homes in the Burrows-Keewatin neighbourhood for interior space. More notably, the land parcel is 5,737 sqft, placing it in the top 6% of lots on Manitoba Avenue. This combination suggests a home that offers more room, both inside and out, than most in its vicinity. The detached garage adds practical storage or workshop potential.
The property’s assessed value is modest compared to the Winnipeg city-wide average, which indicates its primary financial value is tied to the land and structure rather than premium location. This profile suits a value-conscious buyer looking for ample space—a large yard for gardening, pets, or family play—without a premium price tag. It would also appeal to an investor or homeowner with renovation plans, as the existing structure on such a large lot provides a solid foundation for updates or future expansion. Its practicality stands out over luxury.
Frequently Asked Questions
1. Is the large lot size a common feature in this area?
No. The 5,737 sqft lot is significantly larger than the average for both Manitoba Avenue (approx. 4,014 sqft) and the broader Burrows-Keewatin neighbourhood (approx. 4,715 sqft), placing it in the top tier locally.
2. How does the home’s living space compare to others?
Very favorably in its immediate context. At 1,552 sqft, the living area is well above the neighbourhood average and ranks in the elite top 3% for Burrows-Keewatin, offering more interior room than most comparable homes.
3. Why is the assessed value relatively low compared to the city average?
The assessed value reflects the local market conditions in Burrows-Keewatin. While the property ranks above average for its street and neighbourhood, city-wide averages are pulled higher by more expensive areas, making this a more affordable option within Winnipeg.
4. What does the 1955 build year mean for a potential buyer?
As a mid-century home, it is around average in age for the area. Buyers should budget for updates consistent with a house of this era, but it also comes with the benefit of a mature property and a larger, established lot that may not be available with newer builds in this locale.
5. Who would this property suit best?
It’s an ideal fit for buyers prioritizing space and value over a central or high-end location. The large yard and above-average interior square footage make it practical for families, hobbyists, or anyone seeking room to grow, especially if they are comfortable with a home that may require modernizing.