Property Overview: 481 Brandon Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 481 Brandon Avenue in Lord Roberts is defined by its compact efficiency and its position as a relatively newer build within an established neighborhood. At 680 sqft, the living space is modest, ranking below average for the area, which suggests a cozy, low-maintenance layout. Its primary appeal lies in its lot size (2,499 sqft), which is around average for the street, offering valuable outdoor space in a central location. The year built, 1958, is a standout feature, making it one of the newer homes on Brandon Avenue and potentially reducing concerns about major foundational or systemic updates common in much older Winnipeg houses.
This property would suit first-time buyers, downsizers, or investors seeking an affordable entry into a mature neighborhood. Its below-average citywide assessed value indicates a lower tax burden, appealing to budget-conscious owners. The appeal is practical rather than luxurious: it’s for someone who values location and a manageable footprint over sheer size, and who sees potential in a home that is newer than most of its immediate peers but may require cosmetic updates.
Section 2: Frequently Asked Questions
1. How does the smaller living area impact value?
While the 680 sqft living area is below the neighborhood average, it is reflected in the home’s assessed value, which is around average for Lord Roberts. This suggests the property’s value is balanced by its lot size, newer construction year, and location.
2. What does the 1958 build year mean for maintenance?
Built in 1958, this home is significantly newer than many in Lord Roberts, where comparable homes average a 1925 build year. This can be an advantage, potentially meaning fewer issues with very old plumbing, wiring, or foundations, though standard updates for a 65-year-old home should still be anticipated.
3. Is the assessed value likely to lead to higher property taxes?
No, quite the opposite. The assessed value of $24,300 is below the citywide average, which typically correlates with a lower property tax bill compared to many other Winnipeg homes.
4. How does the lot size compare?
At 2,499 sqft, the lot is around average for both Brandon Avenue and the Lord Roberts area. It provides a decent outdoor space but is below the much larger citywide average, which includes newer suburban developments.
5. Where can I see more detailed context for this property?
You can open the dedicated neighbourhood analysis page to view this home on a map alongside nearby properties, comparing year built, living area, assessed value, and lot size in detail.