Property Overview: 41 Brisbane Avenue, Winnipeg
Key Characteristics & Appeal
This 946 sqft bungalow, built in 1959, sits on a notably generous 6,488 sqft lot in the Maybank neighbourhood. Its primary appeal lies in a compelling value proposition: while the living space is modest and below area averages, the property carries an assessed value that is above average for both its immediate street and the wider Maybank area. This suggests the value is anchored significantly in the substantial lot size, which is well above the Winnipeg citywide average. The home last sold between 2021-2025 in the $350k-$400k range.
It’s a property that suits practical, value-oriented buyers. It would appeal to someone looking for a solid footprint in a established neighbourhood, with the potential to renovate or expand the existing structure over time (subject to permits). It’s also a fit for buyers who prioritize outdoor space over a large interior footprint, offering room for gardens, recreation, or future additions. The above-average assessment for the area indicates it may already have seen some updates or is positioned on a desirable part of the street.
Frequently Asked Questions
1. Is the house small for the neighbourhood?
Yes, at 946 sqft, the living area is below the average for both Brisbane Avenue and Maybank. The home’s value is more aligned with its larger-than-average lot size.
2. Why is the assessed value higher than many neighbours?
The assessment is above average for the immediate area. This can be influenced by the lot size, the property’s condition relative to others, specific improvements, and its positioning within the neighbourhood.
3. What is the potential for this property?
The large lot is the key asset. It offers opportunities for landscaping, adding a garage or shed, or even a future expansion of the home itself, making it a candidate for a long-term "live and improve" strategy.
4. How can I find out the exact past sale price?
The provided sale price is a public data range. You can request the exact historical sale price by emailing the listing service via the "Get exact sold price history" button; they provide this data manually.
5. How does the age of the home factor in?
Built in 1959, it is older than the citywide average but typical for its immediate area. Buyers should budget for maintenance consistent with a home of this age and consider the potential need for updates to major systems like plumbing, electrical, or the roof.