Property Overview: 353 Hartford Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1912, offering a straightforward living space of 866 sqft on a 3,282 sqft lot. Its key characteristic is its position as an accessible entry point into the Winnipeg market. The appeal lies in its low assessed value, which is consistently below average for its street, neighborhood, and the wider city. This presents a clear opportunity for buyers with limited capital, such as first-time homeowners seeking to build equity or investors looking for a rental property with a lower initial outlay. The unrenovated basement adds potential for future expansion or storage.
The home suits practical buyers who prioritize location and affordability over modern finishes or size. It’s a property for someone comfortable with a home that has character and history, and who sees potential rather than perfection. A less obvious perspective is that its very low rankings for year built and size could mean fewer competing buyers, allowing for a more measured purchase process. It’s a classic "starter home" or investment vehicle, not a forever home for a growing family.
Frequently Asked Questions
1. What does "below average" in the rankings actually mean for a buyer?
It means this property is priced and sized below most comparable homes in each category. For a buyer, this typically translates to a lower purchase price and property taxes, but may also indicate a need for updates or maintenance.
2. The home is over 110 years old. What should I be most concerned about?
While systems like roofing, plumbing, and electrical may have been updated over time, a professional home inspection is crucial. Special attention should be paid to the foundation, structural integrity, and the condition of the unrenovated basement for moisture issues.
3. There's no garage. How does that impact living here?
You’ll need to rely on on-street parking. Consider the availability of parking on Hartford Avenue, especially during Winnipeg winters, and factor in the lack of enclosed storage for vehicles, tools, or seasonal items.
4. The assessed value is notably low. Will my property taxes be similarly low?
Generally, yes. Property taxes are calculated using the assessed value, so a lower assessment usually results in lower municipal taxes, which is a ongoing financial benefit.
5. The sold price history shows a range. How do I get the exact figure?
The exact sold prices are not publicly displayed in detail here. As noted on the listing, you can request this information directly via email from the site, which provides it manually as a service.