Property Overview: 1099 Nairn Avenue, East Elmwood, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1955, offering a practical and affordable entry point into Winnipeg’s East Elmwood neighborhood. With 794 square feet of living space, it is notably smaller than average for the area, positioning it as a low-maintenance option. Its key updated feature is a renovated basement, which adds valuable functional space. The property sits on a standard-sized lot (4,228 sqft) with a detached garage.
The primary appeal lies in its financial accessibility and manageability. The home’s assessed value is modest and in line with its immediate street and neighborhood, suggesting a lower property tax burden compared to the city-wide average. It suits first-time buyers, downsizers, or investors seeking a straightforward, no-frills property. A thoughtful perspective is that its smaller size and older vintage (yet older than many on its street) could represent a "blank slate" opportunity for someone willing to gradually update the main floor while already benefiting from a finished basement. It’s a home for pragmatic buyers who prioritize location and lot over square footage, seeing potential where others might see limitation.
Section 2: Frequently Asked Questions
1. Is the house particularly small?
Yes. At 794 sqft, the living area is below average for East Elmwood and Winnipeg overall. This makes for efficient, low-maintenance living but requires thoughtful space planning.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the seller or agent to understand the quality and use of this added space.
3. How are the property taxes?
The assessed value of $23,900 is around the neighborhood average and significantly below the Winnipeg city average. This typically indicates a relatively lower annual property tax bill, which is a notable ongoing cost advantage.
4. What is the likely condition of major systems?
The home was built in 1955. While the basement has been updated, buyers should proactively investigate the age and condition of major components like the roof, plumbing, electrical, and heating systems, which may be original or nearing the end of their service life.
5. Is there potential for expansion?
The lot size is standard for the area. While the detached garage placement and local zoning would determine feasibility, the lot does provide the outdoor space that could allow for a future addition or extension, subject to permits and approvals.