Property Overview: 906 Warsaw Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Earl Grey presents a practical opportunity. Its key characteristic is balance: with an assessed value of $320,000, it sits squarely in the middle range for its street, neighborhood, and the wider city. The 784 sqft living area is compact, placing it among the smaller homes locally, which suggests efficiency and lower utility costs. A recently renovated basement adds functional living space. The lot size of 3,528 sqft is notably above average for Earl Grey, offering valuable outdoor space for gardening, play, or expansion relative to many area properties.
The appeal lies in its established, character-rich neighborhood and its position as a manageable entry point. It suits first-time buyers or downsizers seeking a lower-maintenance, single-level layout without sacrificing a generous yard. The detached garage adds utility. A thoughtful perspective is that its "average" metrics across the board signal stability and predictability, not standing out for extreme size or value, which can be an advantage for those seeking a fair-market proposition in a desirable area without premium pricing.
Section 2: Frequently Asked Questions
1. Is the house particularly small?
Yes, the living area is below average for Earl Grey. This makes it a cozy, efficient home ideal for individuals, couples, or those looking to minimize space they have to heat and maintain.
2. What does the "above average" lot size mean for me?
While the home itself is compact, the property lot is larger than many in Earl Grey. This provides a valuable asset: more private outdoor space than you might expect, and potential for future landscaping, a shed, or even an addition subject to zoning.
3. How does the assessed value compare to the last sale price?
The home was last sold in June 2021 for $330,000. The current assessed value of $320,000 is relatively aligned, suggesting stable market value in the intervening years.
4. Is the age of the home (built 1928) a concern?
The age is typical for the charming Earl Grey area. While it implies character, it also means potential for older components. A thorough inspection is advised, but the renovated basement is a positive update.
5. Who would this property not suit?
It likely wouldn't suit a growing family needing multiple bedrooms and abundant indoor living space, or a buyer seeking a modern, large-footprint home. It’s best for those who prioritize location, yard size, and a manageable footprint over sheer square footage.