Property Overview: 8 Morier Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1922, situated on a standard-sized lot in the Glenwood neighbourhood. Its key characteristics are its modest scale and value-oriented positioning. With 768 sqft of living space and an unrenovated basement, it is notably smaller than most homes in its immediate area and across Winnipeg. The detached garage and the home's assessed value, which is significantly below area averages, are defining features.
The primary appeal lies in its potential as an affordable entry point into the Winnipeg market, particularly for a land-owning property. It suits a specific buyer: a handy first-time homeowner, an investor looking for a rental property, or someone seeking a minimal footprint who is prepared to live with the existing layout or undertake renovations over time. A less obvious perspective is that its smaller size and lower taxes could appeal to those looking to downsize or reduce living costs without leaving the neighbourhood. Its age means it has character, but also implies that systems like plumbing, wiring, and the foundation deserve close attention.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the property's modest size, age, and condition relative to the broader market. It is consistent with being a smaller, century-old home that likely requires updates.
2. What does "unrenovated basement" typically imply?
This usually indicates the basement is in original or utilitarian condition, with concrete walls and floors. It is functional for storage or utilities but not finished as living space, and may have moisture or insulation considerations common to homes of this era.
3. Who would this property be a good fit for?
It is best suited for budget-conscious buyers comfortable with a smaller space, such as first-time buyers using it as a starter home, or investors. It requires a vision for its potential and a tolerance for future projects.
4. How does the living area compare to nearby homes?
At 768 sqft, the living area is below the average for both Morier Avenue and the Glenwood neighbourhood. This confirms the home is compact, with a floor plan typical of its 1920s construction.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed in detail. You can request the precise history by emailing the listing service; they provide the information manually without using your email for marketing.