Property Overview
This two-storey home at 773 Warsaw Avenue in Earl Grey presents a classic Winnipeg character property with practical upside. Built in 1912, it offers 1,360 sqft of living space, which is notably above average for both the street and the neighbourhood. The property sits on a 3,011 sqft lot. Key features include a basement (not renovated) and no garage. Its assessed value is $38,700, and it last sold in December 2020 for $350,000.
Section 1: Key Characteristics & Appeal
The primary appeal of this home lies in its well-proportioned living space within a sought-after neighbourhood. With its living area ranking in the top 23% on its street and top 28% in Earl Grey, it offers more interior room than many comparable character homes. This makes it a practical choice for small families or those who value defined spaces over open-concept layouts. The above-average assessed value for the area suggests it is perceived as a solid asset within its context.
Its suitability is for a specific buyer: someone attracted to the established charm and tree-lined streets of Earl Grey who is ready to take on a home with original character. The unrenovated basement indicates room for customization and added value. A less obvious perspective is the lot size; while below average city-wide, it is typical for the central neighbourhood, offering lower maintenance—a potential draw for busy professionals seeking character without an overwhelming yard. This property would suit a value-conscious buyer looking for "good bones" in a prime location, willing to update the home over time.
Section 2: Frequently Asked Questions
1. What does "above average" for living area actually mean?
In direct comparison to similar homes on Warsaw Avenue, this house has more square footage than about 77% of them. In the wider Earl Grey neighbourhood, it's larger than about 72% of comparable properties.
2. Is the low assessed value a concern?
Not necessarily. At $38,700, it's actually above the local average for assessed value in both Earl Grey and on Warsaw Avenue. This figure is for taxation purposes and is specific to its peer group of older character homes, not directly comparable to newer suburbs.
3. What are the implications of an unrenovated basement?
It presents both a project and an opportunity. While it will require investment to finish, it also allows a new owner to customize the space to their needs without paying a premium for a prior owner's renovations.
4. How does the 1912 build year affect the home?
It confirms the home's character heritage. While systems like wiring and plumbing may need attention or updating, the ranking shows its age is typical for the area, meaning local trades are familiar with homes of this era.
5. There's no garage—what are the parking options?
The property listing indicates no garage. Buyers should investigate the potential for on-site parking, such as a driveway or rear lane access, and review any street parking permits required in the area.