Property Overview: 116 Morier Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1919, situated on a standard city lot in the Glenwood neighbourhood. Its key characteristic is its modest scale, with a living area of 640 sqft that is notably smaller than most comparable homes on its street, in the area, and across Winnipeg. The property features a detached garage and an unrenovated basement.
The appeal lies primarily in its position as an accessible entry point into the market. With a historically low assessed value and sold price, it represents one of the most affordable detached housing options available. It suits a very specific buyer: a first-time purchaser, an investor, or a downsizer with a limited budget who prioritizes land ownership and a detached structure over interior space or modern finishes. The lower ongoing property taxes, due to the low assessment, are a practical financial benefit. A thoughtful perspective for the right buyer is viewing the home as a "blank canvas" lot with a existing structure—the value is in the land and the potential for future expansion or redevelopment, rather than in the current living space.
Section 2: Frequently Asked Questions
1. Is the home in livable condition?
The listing does not detail the interior condition, but it notes the basement is unrenovated. A thorough inspection is essential to understand the state of major systems (roof, wiring, plumbing) in a home over 100 years old and to budget for any immediate repairs.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's specific attributes: very small living area, older age, and likely basic condition. It is assessed in line with similar, modest homes in its immediate area, not against larger, modern homes city-wide.
3. What are the possibilities for expanding the living space?
The existing footprint is small, but the lot provides room for potential lateral additions or a vertical addition for a second storey, subject to local zoning bylaws and building codes. The unrenovated basement also offers space for future development.
4. How does the sold price history work?
The listed sold price is a range based on public data. To obtain the exact sale price from January 2022, you must request it via email from the site. This is a manual process they use to verify serious interest.
5. What is the neighbourhood like?
It is located in Glenwood, a mature Winnipeg neighbourhood. The proximity to nearly identical neighbouring properties suggests a consistent, established streetscape. Buyers should research area amenities, traffic patterns, and long-term community plans to see if it fits their lifestyle.