Property Summary: 628 Flora Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1905, presents a classic character home opportunity in the Dufferin neighbourhood. With 940 square feet of living space and a renovated basement, it offers a functional footprint. Its key appeal lies in its established location and relative value within its immediate area. While its size and age place it below Winnipeg-wide averages, it ranks as average or slightly above when compared directly to its neighbours on Flora Avenue and within the Dufferin community. This suggests a home that is competitively positioned in a mature, stable neighbourhood.
The property would suit a first-time buyer or an investor looking for an entry point into the Winnipeg market with a home that has historic charm. It’s also a potential fit for someone seeking a lower-maintenance lot, as the 3,686 sqft land area is manageable. A thoughtful perspective for this home is to see it not as a city-wide comparison, but as a well-situated property within its own community context, where its assessed value and characteristics are the norm rather than the exception.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 940 sqft, the living area is slightly below the average for similar homes on Flora Avenue (approx. 1,120 sqft) but is very comparable to other older character homes in the Dufferin area.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. This is a key detail to clarify with the listing agent to understand if it’s a finished living space, a modern utility area, or has a separate entrance.
3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value of $14,300 is for municipal tax purposes. Market value is determined by recent sales, condition, and demand. Note that this assessment is typical for the street but is far below the city-wide average, reflecting the neighbourhood's specific market.
4. What are the implications of the home’s age (1905)?
While offering character, a 121-year-old home will likely have older building systems (plumbing, wiring, foundation) that require careful inspection. Potential for charm is high, but maintenance and updates should be budgeted for.
5. There is no garage listed. What are the parking options?
The listing specifies no garage. Buyers should investigate on-street parking permits, the potential to add a driveway or pad, or rear lane access for a future garage, subject to local bylaws.