752 College Avenue

Property Overview: 752 College Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This 810 sqft bi-level home, built in 2011, presents a distinct profile in the Inkster-Faraday neighbourhood. Its primary appeal lies in its modern age within an area of much older housing stock—it ranks in the top 3% for year built on its street and top 1% in the wider area. This suggests significantly lower immediate maintenance concerns compared to century-old neighbours. The home features a renovated basement, adding to its livable space.

The property’s assessed value is notably efficient for its newness, ranking above average locally but well below the city-wide average, indicating a potentially accessible entry point into a modern structure. However, it trades space and land for this modernity; both the living area and the 2,277 sqft lot are below average for the area. This creates a specific value proposition: it’s a compact, low-maintenance home suited for a first-time buyer, downsizer, or investor seeking a newer build without a premium price tag. It would not suit those needing ample indoor or outdoor space. A thoughtful perspective is that this home offers a "set-and-forget" physical structure, allowing an owner to focus less on major repairs and more on the lifestyle and community aspects of the neighbourhood.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
Assessed value is relative. While this home is newer and ranks high for its area, property values in Inkster-Faraday are generally lower than the Winnipeg average. The assessment reflects its efficient value within its local market context.

2. What does "below average" living area mean in practice?
At 810 sqft, the home is compact. It’s similar in size to the reference property at 714 College Avenue (820 sqft) but significantly smaller than the area average (~1,025-1,134 sqft). Efficient layout is key, making it ideal for individuals, couples, or small families comfortable with cozy living spaces.

3. How significant is the 2011 build year?
Very. With most comparable homes in the area built around 1930, this property is a modern outlier. This typically translates to newer major systems (roof, wiring, plumbing), better energy efficiency, and fewer imminent large repair bills compared to nearby century-old homes.

4. Is the small lot size a major drawback?
It depends on your needs. The lot is smaller than most in the area, limiting expansive gardening or large outdoor recreation space. However, it requires less upkeep and may contribute to the home’s overall affordability and efficient footprint.

5. Where can I find the exact historical sold price?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide this information manually via email upon request, with a commitment to reply by the end of the same day and no unsolicited marketing use of your contact details.