Property Overview: 1667 Selkirk Avenue
Key Characteristics & Appeal
This is a modest, one-storey home built in 1958 on a notably spacious lot in the Burrows-Keewatin area. Its primary appeal lies in the land itself—at 4,196 sq ft, the lot size is well above average for Selkirk Avenue, offering significant potential for expansion, gardening, or outdoor use. The house, with 891 sq ft of living space and an unrenovated basement, presents as a straightforward canvas. Its assessed value is proportionally low, reflecting the home's basic condition rather than the underlying property value.
This property would suit a practical buyer looking for an entry point into the market with a focus on land value over immediate move-in readiness. It’s a fit for an investor, a renovator with a vision for a bungalow, or someone seeking a lower-cost property where the real asset is the outdoor space and future potential, not the current finishes. A less obvious perspective is its appeal to a multi-generational household planning a future addition, where the large lot provides rare flexibility in this price range.
Frequently Asked Questions
1. Is the basement finished?
No, the basement is not renovated, offering a blank slate for development or utility storage.
2. What is the condition of the home?
The listing notes the basement is unrenovated, suggesting the home is likely in basic, functional condition and would benefit from updates.
3. How does the lot size compare to others?
The land area of 4,196 sq ft is a key feature, ranking in the top 29% for size on Selkirk Avenue, making it larger than most nearby properties.
4. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home’s modest size, age, and condition relative to the entire Winnipeg market. It is more in line with averages for the immediate street and neighborhood.
5. What type of buyer is this best for?
It’s best suited for buyers prioritizing land size and future potential over immediate luxury—think renovators, investors, or those planning a custom build or major expansion down the line.