Property Summary: 211 Marjorie Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's King Edward neighbourhood, built in 1947. With 763 sqft of living space, it is notably smaller than both area and city averages, positioning it as a more manageable property. Its key feature is a renovated basement, adding functional space, and it includes a detached garage. The lot size is a standard city lot, just over 3,600 sqft.
The primary appeal lies in its efficiency and lower maintenance footprint, both in terms of the home's size and its assessed value, which is modest compared to the wider city. It suits first-time homebuyers seeking an entry point into the market, downsizers looking to simplify, or practical investors interested in a character home with updated essentials (the basement). A thoughtful perspective is that its "below average" size and citywide value metrics can be seen as an advantage, offering lower property taxes and less space to heat and maintain, which aligns with a pragmatic, cost-conscious lifestyle without sacrificing the benefits of a detached home with a garage and yard.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 763 sqft, this home is smaller than most in the immediate area, ranking in the top 81% (meaning 81% of similar homes on Marjorie Street are larger). The average for comparable homes on the street is about 947 sqft.
2. What is the property's assessed value history?
Based on public data, the home sold in the range of $23.5k-$26.5k in late 2017 and again in the range of $26.5k-$29.5k in mid-2020. Its current assessed value is $28,300.
3. Is the lot size typical for the area?
Yes. The land area of 3,620 sqft is very close to the average for both Marjorie Street (3,651 sqft avg) and the broader King Edward neighbourhood (3,798 sqft avg).
4. What does a "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This should be verified with the seller or listing agent to understand the finish, layout, and permitted uses.
5. How old is this home relative to others in Winnipeg?
Built in 1947, it is older than about 76% of homes across Winnipeg, where the average build year is 1966. On its own street and in King Edward, however, its age is quite typical for the area's housing stock.