Property Overview: 1315 Aikins Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,064 sqft bungalow, built in 1971, sits on a 2,831 sqft lot in Margaret Park. Its core appeal lies in its relative modernity compared to the neighbourhood, as it is newer than over 90% of nearby homes. The living space is practical and aligns with the area average, while the assessed value is notably below average for both Margaret Park and Winnipeg overall, suggesting a potentially accessible entry point into the market.
The property would suit first-time buyers or practical downsizers looking for a manageable, low-maintenance home without the concerns of a century-old structure. Its below-average lot size means less yard work, which could be a perk for those seeking simplicity. However, buyers should note that the lot is significantly smaller than most in the area, which may limit expansion potential but contributes to the home's affordability within the neighbourhood context.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value is well below the average for both Margaret Park and the city. This typically indicates a more affordable tax base and can represent a value opportunity, but it’s essential to understand current market conditions, as sale prices often differ from assessed values.
2. How does the 1971 build year affect the home?
Being built in 1971 makes this home notably newer than most in Margaret Park. This often means updated electrical systems, more modern plumbing, and potentially fewer major structural concerns associated with much older homes, though a thorough inspection is still crucial.
3. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is smaller than most in the neighbourhood, which limits outdoor space and potential for large additions. However, it translates to less maintenance and likely a lower price point, which can be a smart trade-off for many buyers.
4. Who are the most likely neighbours?
Based on the nearby properties listed, you would be surrounded by other homes on Aikins Street and Beeston Drive, primarily within the Margaret Park area, suggesting a stable, established residential setting.
5. How can I find out what this home previously sold for?
The listing indicates no public sales history is shown. You can request the exact sold price history by emailing the provided service, which manually supplies that information.