Property Overview: 1035 Kelsey Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1035 Kelsey Avenue in Maybank presents a practical opportunity centered on space and land. Built in 1952, its key characteristic is a generous 5,775 sqft lot, which is notably larger than many on its street and in the immediate area. The living area of 1,170 sqft is also comfortably above average for the neighbourhood. These metrics suggest a property where the value lies more in its physical footprint and interior space than in its current assessed valuation, which is modest relative to city-wide averages.
The appeal here is for the hands-on buyer or long-term planner. It suits someone looking for a solid foundation—a larger-than-standard lot in a mature neighbourhood—with the vision to update or expand the existing structure over time. It’s also a sensible fit for buyers prioritizing actual living and yard space over a premium for a recently built home, making it a potential value proposition in a stable area. The below-average assessed value, while impacting certain comparisons, may indicate a lower property tax burden, which is a practical, often overlooked benefit.
Section 2: Frequently Asked Questions
1. What does the "below average" assessed value really mean?
It means the city's assessment for this property is lower than that of many comparable homes city-wide. This isn't necessarily a reflection of condition, but can result in relatively lower property taxes, which is a tangible ongoing cost saving.
2. How does the larger lot size benefit a buyer?
Beyond simple outdoor space, a lot of this size (over a tenth of an acre) in a mature neighbourhood offers flexibility. It provides room for gardening, additions, or future development like a garage or shed, which isn't always possible on newer, smaller lots.
3. The home was built in 1952. What should I consider?
While the structure is solidly built, a home of this age will likely have older major systems (like plumbing, electrical, and the roof). A thorough inspection is essential to budget for any necessary updates or modernizations.
4. How does this property compare to others on the same street?
It holds its own in terms of living space and has a larger-than-average lot for Kelsey Avenue. Its assessed value is lower than most direct neighbours, which is the primary metric where it doesn't rank as highly on the street.
5. How can I find out the exact historical sale price?
The exact sold prices are not publicly displayed in detail. As noted on the listing, you can request the precise sale history by emailing the provided contact; they manually provide this data without using your email for marketing.