730 Warsaw Avenue

Property Overview: 730 Warsaw Avenue, Earl Grey, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in the established Earl Grey neighbourhood presents a compelling blend of character and practicality. Built in 1912, its key features include a renovated basement, a detached garage, and 1,344 sqft of living space—a size that ranks above average for both its street and the wider neighbourhood. The home’s assessed value also places it in the top tier locally, suggesting a well-regarded property relative to its immediate peers.

The appeal lies in its position within a mature, tree-lined community, offering a sense of permanence and charm. It suits buyers who appreciate the architectural character of an older home but require modern, functional living space, as evidenced by the updated basement. This isn't a sprawling property; the lot is standard for the area, making it ideal for those seeking a manageable outdoor space without extensive upkeep. It would particularly resonate with young families or professionals looking for a move-in-ready home in a central, stable neighbourhood, where the value is derived more from the home's condition and location than from sheer lot size.

A less obvious perspective is its "middle-ground" positioning: it’s not the newest nor the largest home city-wide, but it stands out as a above-average offering within its specific, desirable locale. This often indicates a well-maintained property in a competitive micro-market, appealing to buyers who prioritize neighbourhood quality and relative value over absolute square footage.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to the area?
At 1,344 sqft, the living area is larger than the average home on Warsaw Avenue and in the Earl Grey neighbourhood, placing it in the top 25-30% locally. This suggests a spacious interior for the area.

2. What does the assessed value tell us?
The assessed value of $39.80k (note: this appears to be a truncated figure; refer to official records for full value) ranks in the top 15-17% for Earl Grey. This typically indicates the property is valued higher than most in the immediate area, often due to factors like renovations, condition, or desirable location.

3. Is the lot size a limitation?
The 3,096 sqft lot is standard for Warsaw Avenue and Earl Grey. It provides a typical urban yard for the neighbourhood. Buyers seeking extensive outdoor space or future large-scale additions might find it limiting, but it aligns with the classic setup for homes of this era and location.

4. The home is over 110 years old. What should I consider?
While the renovated basement points to updates, a home from 1912 will have character and potential heritage elements. Prospective buyers should prioritize a thorough inspection to understand the condition of core systems (plumbing, electrical, foundation) and the roof, which are critical in a century-old structure.

5. How stable is the value based on recent sales?
The home sold in July 2023 for $430k, a price that ranked in the top 8-9% for the street and area at that time. This recent transaction at a premium supports the notion that the property is positioned at the higher end of its local market.