Property Overview: 756 Scotland Avenue, Earl Grey, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in the established Earl Grey neighbourhood presents a practical opportunity. Built in 1957, it offers 1,026 sqft of living space with a renovated basement and a detached garage. The lot is a manageable 2,474 sqft, which is smaller than many in the area but translates to less exterior maintenance.
Its primary appeal lies in its position within a desirable, central neighbourhood and its recent, complete basement renovation, which adds immediate functional living space. The home’s assessed value is consistent with similar properties on its street and in Earl Grey, suggesting a fair market entry point.
This property would suit first-time buyers or downsizers seeking a foothold in a character neighbourhood without the upkeep of a large yard. It’s a home for those who value location and livable interior space over square footage or expansive grounds. A thoughtful perspective is that while the living area is modest, its ranking is stronger within Earl Grey than on its own street, indicating it may be a competitively sized option for the wider neighbourhood. Additionally, its year of build is notably newer than many Earl Grey homes, potentially implying fewer concerns associated with much older construction.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to the area?
The living space is below the city-wide average but is quite typical for the Earl Grey neighbourhood itself. The lot size is smaller than most in the area, which is a trade-off for lower maintenance.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated, but specifics on finish quality, permits, or ceiling height should be verified through a viewing and inspection.
3. Is the assessed value a good indicator of the sale price?
The assessed value ($33.10k) is a municipal figure for tax purposes. The last sale was in 2021 for $33.80k. Market conditions and property improvements will determine the current listing and sale prices, which are typically much higher than the tax assessment.
4. What is the neighbourhood like?
Earl Grey is a mature, central Winnipeg neighbourhood known for its tree-lined streets, community feel, and proximity to amenities like parks, schools, and shopping corridors.
5. What are the potential drawbacks to consider?
The smaller lot offers limited private outdoor space and expansion potential. As a home from the late 1950s, systems like plumbing, electrical, and the roof should be carefully evaluated for age and condition, despite the basement update.