Property Overview
959 Herbert Avenue is a one-storey home in Winnipeg's East Elmwood neighbourhood. Built in 1956, it features 914 square feet of living space, a renovated basement, and a detached garage on a 4,057 square foot lot. Its last recorded sale was in August 2016 for $210,000.
Key Characteristics & Appeal
This home presents a practical, grounded opportunity. Its key appeal lies in its relative stability within its immediate context. While its living space is modest citywide, it is squarely average for both Herbert Avenue and the broader East Elmwood area, suggesting it fits the local norm rather than standing out as unusually small. The renovated basement adds functional living space, a valuable asset in a one-storey layout.
The lot size is a notable positive, ranking in the top 22% on its street, offering more outdoor space than many neighbouring properties. The detached garage provides flexible storage or workshop potential. The home would suit first-time buyers seeking an entry point into a stable neighbourhood, practical-minded individuals who value usable lot space over a large interior, or downsizers looking for a manageable single-level layout with a finished basement for guests or hobbies. Its assessed value is consistent with similar homes in the area, indicating a fair market position without premium pricing.
Frequently Asked Questions
1. How does the home's size compare to the area?
At 914 sqft, the living area is very close to the average for both Herbert Avenue (931 sqft avg) and the East Elmwood neighbourhood (1,065 sqft avg). It is a typically sized home for this specific location.
2. What is the significance of the lot size?
The 4,057 sqft lot is above average for the street, offering more private outdoor space than many comparable properties nearby. This is a key feature for gardening, recreation, or future expansion.
3. What does the assessed value indicate?
The assessed value of $25,700 is around the neighbourhood average, suggesting the property is not overvalued relative to its local market. It's important to note this is a value for taxation purposes, not a market price.
4. Is the renovated basement a full suite?
The listing notes a renovated basement but does not specify if it is a legal suite with a separate entrance. Buyers should verify the renovation details, permits, and its intended use.
5. How old is the home, and what might that mean?
Built in 1956, the home is older than the citywide average. While the basement has been renovated, prospective buyers should pay special attention to the condition of major aging components like the roof, plumbing, electrical, and foundation during an inspection.