Property Overview: 1105 Waller Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a classic Winnipeg opportunity centered on land value and potential. Built in 1948, it’s an older character home in the Maybank neighbourhood with a modest, roughly 1,044 sqft living space. Its primary standout feature is the generous 6,280 sqft lot, which is notably larger than many neighbouring and city-wide averages. This sizable yard offers rare potential for expansion, gardening, or outdoor living in the city.
The appeal here is grounded in practicality and future possibility rather than immediate turn-key luxury. The assessed value is positioned below average for its immediate street but aligns more closely with wider area and city benchmarks, suggesting it may represent a value proposition for the lot size. It would suit a hands-on buyer looking for a home with character on a substantial piece of land, possibly a first-time homeowner comfortable with gradual updates, an investor interested in long-term land value, or someone prioritizing private outdoor space over a recently built interior. It’s a property where the value is as much in what you can do with it over time as in what it offers today.
Frequently Asked Questions
1. What does the "below average" ranking for Year Built really mean?
It confirms the home is older than most in its comparison groups. Built in 1948, it will likely have the character and construction methods of that era, which may require specific maintenance or updates to systems like wiring or plumbing, but can also offer solid construction and design not found in newer builds.
2. The lot size is ranked highly. How significant is this?
Very. The lot is over 6,000 sqft, ranking in the top 8% on its street. This is a key asset, providing ample space for additions, a large garden, recreational space, or future development, which is increasingly rare in established city neighbourhoods.
3. Why is there no public sold price history shown?
The available public data does not show a recent sale. You can request the exact historical sold price directly via the provided email service, which manually retrieves and shares accurate transaction records without marketing spam.
4. Who are the most likely neighbours or comparable buyers?
The home fits well for value-conscious buyers seeking space over sheer square footage, or those interested in a property where the land itself is a major component of the investment. It may also appeal to buyers interested in the established, quiet feel of the Maybank area.
5. How should I interpret the differing rankings for Assessed Value?
The assessment is below average on its own street but around average in the broader area and city. This suggests the property might be assessed more in line with its functional living space and age, while the larger lot size—a premium feature—may not be fully reflected in that tax assessment figure, which could be a financial positive for the owner.