Property Overview: 109 Harvard Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home in Kern Park is a classic Winnipeg character property built in 1926. With 952 sqft of living space and a 4,001 sqft lot, it presents a more compact and manageable footprint compared to many modern homes. Its key features include a detached garage and an unrenovated basement, indicating potential for customization.
The appeal lies in its position as an affordable entry point into the market, particularly for a stand-alone house. The assessed value is notably below averages for the street, neighborhood, and city, suggesting a lower property tax base and an opportunity for value growth. It suits first-time buyers, investors, or downsizers who prioritize location and lot ownership over move-in-ready finishes. A thoughtful perspective is that its smaller scale and older vintage may offer lower utility costs and a simpler maintenance routine compared to larger, newer builds, appealing to those seeking efficiency and charm over sheer size.
Section 2: Frequently Asked Questions
1. What does "below average" assessed value actually mean for me?
It primarily indicates a lower municipal property tax assessment compared to many neighbors. This can mean ongoing tax savings, but it may also reflect the home's current condition and market position.
2. The basement is noted as "not renovated." What should I consider?
This confirms the basement is in original or utility condition. It’s crucial to budget for any necessary moisture-proofing, insulation, or structural updates before considering finishing the space, and to have its mechanical systems (like the furnace) inspected.
3. How does the living area size compare practically?
At 952 sqft, the home is cozier than the Winnipeg average. This is ideal for individuals, couples, or small families comfortable with efficient use of space, but may require creative storage solutions.
4. The home is 100 years old. What are the implications?
While the structure has proven its durability, a pre-purchase inspection is essential to evaluate the foundation, wiring, plumbing, and roof. Older homes often have solid bones but require proactive maintenance and updates to systems.
5. The sold price history shows a range. How can I get the exact figure?
The listing service provides an estimated sold price range from public data. To obtain the precise sale price from August 2022, you can use the email request function on the property page, as detailed in the listing notes.