63 Brisbane Avenue

Property Overview: 63 Brisbane Avenue, Winnipeg

Key Characteristics & Appeal

This home presents a practical opportunity in Winnipeg's Maybank neighbourhood. Built in 1959, its 1,052 sqft living space is squarely average for the area, offering a manageable footprint for a smaller household or first-time buyer. The standout feature is the 6,367 sqft lot, which is notably larger than both the city and neighbourhood averages, providing valuable outdoor space and potential in a mature setting.

Its appeal lies in its balance and value proposition. The assessed value is modest relative to the street, suggesting a potentially lower tax burden, while the recent sale price indicates a move-in-ready market value. It suits buyers looking for a grounded, no-frills home with a generous yard in a stable, established area—perfect for someone who prioritizes land size over a large or modernized house. A thoughtful perspective is that this property may represent a "blank canvas" on a desirable lot, where the value over time could be shaped more by the land's potential than the existing structure.

Frequently Asked Questions

1. How does the lot size compare to nearby properties?
The lot is larger than average for both Winnipeg and the Maybank neighbourhood, but it is the smallest on Brisbane Avenue itself. This means you get more outdoor space than most city lots, but within the immediate street, it's at the lower end.

2. Is the house newer or older than others in the area?
Built in 1959, it is slightly older than the city average but is actually above average for its age within both the Maybank neighbourhood and on Brisbane Avenue, where many homes are from a similar era.

3. What does the "below average" assessed value mean for taxes?
The assessed value is below the average for Brisbane Avenue, which can be positive for municipal property taxes. However, taxes are also based on mill rates, so it's best to confirm the actual tax amount.

4. The home sold recently. What does the price range indicate?
The 2024 sale price of CA$400k–450k, positioned in the top quarter for the street, suggests it was a competitive, market-value transaction for a move-in-ready home in this location, reflecting its recent condition and desirability.

5. How does the living space feel for a family?
At just over 1,050 sqft, the living area is typical for the area but is considered compact by modern standards. It would comfortably suit a couple, a small family, or a buyer comfortable with cozy, efficient spaces rather than expansive rooms.