Property Overview
18 Belair Road is a 1,024 sqft bungalow built in 1959, situated on a 6,598 sqft lot in Winnipeg’s Maybank neighbourhood. Its appeal lies in its solid, no-frills practicality. The home offers a balanced package: its living space is modest but functional for the area, while the lot size is notably generous, providing above-average outdoor space for the city. This creates a value proposition centred on land and potential rather than a large or modernized interior.
The property would suit a first-time buyer or an investor looking for an entry point into a stable neighbourhood. It’s a home for someone comfortable with a property of its era, possibly viewing it as a long-term home with room to grow or as a straightforward rental opportunity. Its assessed value is relatively low for the area, which could mean a lower property tax burden, appealing to budget-conscious buyers. The last known sale was between 2016 and 2017, suggesting it may be due for updates, which is a key consideration.
Key Questions & Considerations
1. What is the exact prior sale price?
The public data shows a sale between $300,000 and $350,000 around 2016-2017. For precise figures, you must request the information directly from the listing service.
2. How does the lot size compare to others?
The 6,598 sqft lot is a standout feature. It’s larger than most in the city (ranking in the top 21%) and above average for the Maybank neighbourhood, offering more privacy and yard space than many comparable properties.
3. Is the assessed value high or low for the area?
At $37,100, the assessment is above average for Maybank but below average for Belair Road itself. This can be a positive, potentially indicating a reasonable property tax level relative to the immediate neighbourhood.
4. What should I expect from a 1959-built home?
Built in 1959, the home is of average age for its street and area. Buyers should budget for updates common to homes of this era, such as older windows, plumbing, or electrical systems, unless renovations are documented.
5. How does the living space feel for the area?
At 1,024 sqft, the living area is slightly below the average for similar homes in Maybank. This suggests efficient, compact living rather than spaciousness, so evaluating the layout and flow during a viewing is essential.