Property Overview: 1052 Howard Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1052 Howard Avenue in Maybank is a classic, no-fuss property that represents a straightforward entry into Winnipeg’s housing market. Built in 1955, it’s notably one of the older homes on its street, offering a sense of established character. With 768 square feet of living space and a 4,724 sqft lot, its proportions are modest and manageable. The assessed value is consistently around average for its immediate area, neighbourhood, and city-wide, suggesting a stable and predictable valuation.
The primary appeal lies in its practicality and position as a manageable project. It suits first-time buyers seeking an affordable foothold, downsizers looking for a low-maintenance lot and home, or investors interested in a property with steady, uncomplicated fundamentals. A thoughtful perspective is that its "average" metrics across the board can be a strength—it avoids the premium of a fully renovated home or the extreme discount of a major fixer-upper, presenting a balanced middle ground. The generous lot size for the home's scale also offers quiet potential for gardening, expansion, or simply enjoying more outdoor space than is typical for the living area.
Section 2: Frequently Asked Questions
1. What does it mean that the home is "above average" for year built on its street?
This indicates the home (1955) is older than most on Howard Avenue. On this specific street, it ranks in the top 7%, meaning it is one of the oldest homes in the immediate area, not the newest.
2. How are the "Top X%" rankings useful?
They show how this property compares to a specific group of peers (e.g., same street, same neighbourhood). For example, its living area is in the "Top 56%" city-wide, meaning it's smaller than about 44% of comparable Winnipeg homes, which aligns with its cozy size.
3. What was the last sale price?
Public data shows it sold between CA$250,000 and CA$300,000 in 2021. The exact sale price is available upon direct request from the listing service.
4. Is the assessed value the same as the market value?
No. The assessed value (approximately $31,600) is for municipal tax purposes. Market value—what a buyer would pay today—is determined by current market conditions and can be higher or lower.
5. What are the implications of the lot size being larger than the living area?
The land area (4,724 sqft) is proportionally larger than the home's footprint. This suggests room for outdoor amenities like a shed, deck, or garden, and may offer future potential for additions, subject to zoning and permit approvals.