1-544 Wardlaw Avenue

Property Overview & Key Characteristics

This home at 544 Wardlaw Avenue in Winnipeg’s Mcmillan neighbourhood presents a distinct profile. Its primary appeal lies in its generous living space. At 1,672 sqft, it ranks in the top 4% for size both on its street and within the broader city, offering significantly more room than most comparable homes. This is coupled with an above-average assessed value, suggesting a solid perceived worth relative to the market. However, the home’s 1909 build date is a key consideration; it is notably older than nearly all its peers, placing it in the bottom tier for year built. This indicates a property with classic character and likely a need for thoughtful updates or maintenance.

The home would suit a buyer who prioritizes spaciousness and location over modern construction. It’s ideal for someone comfortable with the realities and charm of a century-old home—perhaps a handy person, an investor looking for a character property, or a family seeking room to grow in an established area. Its consistent sold price range in recent years points to a stable market perception.

Frequently Asked Questions

1. How does the age of the home impact its value and appeal?
While the older build date places it below average statistically, it also contributes to the home’s character. The value is supported by its large living area and location, appealing to buyers who appreciate classic homes and are prepared for potential maintenance or renovation projects that come with a property of this vintage.

2. The sold prices are shown as a range. How can I get the exact figure?
Exact sold prices are provided manually upon request. You can submit your email via the button on the listing page to receive the precise history. The service is straightforward with no marketing spam, and replies are typically sent by the end of the same day.

3. The home ranks highly for living area. What does this mean practically?
Ranking in the top 4% for size means this home offers about 600+ more square feet than the average comparable home in Winnipeg. This translates to more room for living, storage, and layout flexibility, which is a significant advantage in today’s market.

4. What do the nearby and comparable listings tell us?
The listed nearby properties show a mix of sizes, ages, and values on the same street and in Mcmillan. This suggests a diverse neighbourhood with a range of housing stock. The fact that similar assessed values are found in various other neighbourhoods also indicates this home’s assessed value is in a common bracket across the city.

5. Is the assessed value the same as the market value?
Not necessarily. The assessed value ($37.50k) is for municipal tax purposes. The market value, reflected in the $350k–$k sold price range, is determined by what buyers are willing to pay. The consistent sale price range in recent years is a more direct indicator of its market value.