Property Overview
1037 Howard Avenue is a well-situated home in Winnipeg’s Maybank neighbourhood, offering a practical blend of space and value. Built in 1955, the 888 sqft house sits on a 4,726 sqft lot. Its recent sale price fell within the $250k–$300k range, aligning with an assessed value of $270k. The property presents a straightforward opportunity in a mature area.
Key Characteristics & Appeal
This home’s primary appeal lies in its efficient use of space and its generous lot size relative to the immediate area. While the living area is modest compared to the city-wide average, it is actually above average for Howard Avenue itself. The lot size is notably larger than many of its direct neighbours, offering valuable outdoor space potential in a settled community.
The property suits first-time homebuyers or practical investors looking for an entry point into the Winnipeg market without a premium price tag. It would also appeal to those who value a larger yard over a larger house, or anyone seeking a lower-maintenance property in a neighbourhood with established character. A less obvious perspective is that its assessed value ranks significantly lower than most on its street, which could indicate an opportunity for value appreciation through updates, or simply a more affordable tax base compared to neighbouring homes.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 888 sqft, the living area is actually larger than the average home on Howard Avenue, but smaller than the average for the wider Maybank area and the city overall. It’s a comfortably sized home for its immediate location.
2. Is the assessed value typical for the area?
No, the $270k assessment is below the average for Howard Avenue, Maybank, and Winnipeg. This suggests the property may be assessed at a lower value than many of its peers, which can be a positive for annual property taxes.
3. What is the significance of the lot size?
The 4,726 sqft lot is above average for Howard Avenue. This means you’re getting more land than many direct neighbours, which is a valuable asset for gardening, expansion, or simply having more private outdoor space.
4. What can you tell me about the sale history?
The home sold in 2024 for an estimated $250k–$300k. For the exact sale price, you can request details via email from the listing source, as this information is verified manually.
5. Who might this property not suit?
Buyers looking for a modern, recently built home or those who need substantial interior square footage may find this property limiting. It’s best suited for those comfortable with a home from the 1950s and who see potential in its above-average lot size.