Property Overview
7 Sayer Avenue is a well-maintained one-storey home in Winnipeg's Heritage Park neighbourhood. Built in 1973, it is notably newer than many homes on its street and in the wider area. The house has 935 sqft of living space, which is compact relative to local averages, but features a renovated basement and a detached garage. The lot is just under 5,000 sqft. Its assessed value of $320,000 is around the city-wide average but sits below the average for the Heritage Park area specifically.
Key Characteristics & Appeal
The primary appeal of this home lies in its move-in readiness and efficient layout, suited for a low-maintenance lifestyle. Its renovated basement adds functional living space, compensating for the modest main floor area. Being one of the newer homes on the block is a less obvious advantage, potentially meaning fewer immediate concerns with aging components compared to neighbours.
It would suit first-time buyers seeking an affordable entry into a stable neighbourhood, or downsizers looking for a manageable property without major projects. The detached garage is a practical asset for storage or a workshop. While the lot is smaller than many in Heritage Park, it requires less upkeep. Buyers should note that the home's living area is smaller than typical for the area, so it appeals to those prioritizing efficiency over sheer size.
Frequently Asked Questions
1. How does the property's value compare to the neighbourhood?
The home's assessed value is below the average for Heritage Park, positioning it as a relatively affordable option in the area. This could indicate value for a buyer, but it's wise to understand why—often linked to its smaller living space and lot size.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. A buyer should verify the quality of the renovation, whether it includes a proper bedroom or legal egress, and if any moisture issues have been addressed.
3. Is the smaller living area a concern?
At 935 sqft, the living area is below average for the street and neighbourhood. This makes for efficient heating and cleaning but requires thoughtful use of space. The renovated basement effectively increases the usable square footage.
4. How does the year built (1973) affect the home?
Built in 1973, the home is newer than most on its street. This can be positive, potentially indicating updated wiring or plumbing compared to older homes, but it still falls within an era where certain materials (like aluminum wiring) were sometimes used, so an inspection is key.
5. What is the history of sold prices for this home?
Public data shows a sale in January 2016 for between $255,000 and $285,000. For the exact sale price and a detailed history, you must request the information directly from the listing service via email, as they provide that data manually.