Property Overview & Key Characteristics
This 963 sqft one-storey home, built in 1917, sits on a 3,500 sqft lot in the Ebby-Wentworth neighbourhood. Its key appeal lies in its balance of established character and practicality. While its living space is modest and typical for the immediate area, it offers a renovated basement, adding functional space. The home’s assessed value is firmly in the average range for its neighbourhood and street, suggesting a stable, entry-level point in the market.
The property would suit first-time buyers or downsizers looking for a manageable, no-frills home in a central Winnipeg community. Its older vintage appeals to those who appreciate the potential charm of a century-old home without the premium price of a fully updated character property. A thoughtful perspective is that its smaller lot and average metrics relative to the street indicate a lower-maintenance footprint, which can be a hidden benefit for those seeking simplicity and reduced upkeep costs compared to larger, outlier properties on the same block.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
At 963 sqft, the living area is very close to the average for both Hector Avenue and the broader Ebby-Wentworth neighbourhood, making it a typical offering for the area.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on the finish quality, ceiling height, or permitted status are not provided. This would be a key point for a home inspection and discussion with the seller.
3. Is the assessed value a reliable indicator of the likely sale price?
The assessed value is around average for the area. However, the last known sale was in 2017 for $23.4k, so recent market conditions and the renovated basement will be far more significant factors in determining current market value.
4. Given the age of the home, what should I be concerned about?
Built in 1917, it is among the older homes on the street. Prospective buyers should budget for and investigate potential updates to major aging components like plumbing, electrical, the foundation, and the roof, even with a renovated basement.
5. How does the lot size impact the property?
The lot is smaller than many on Hector Avenue but is near the average for Ebby-Wentworth. This likely means a smaller yard, which translates to less outdoor maintenance but also less private outdoor space.