Property Overview
33 Brentford Road is a compact, 720 sqft bungalow built in 1972 on a 3,409 sqft lot in Winnipeg's Meadowood neighbourhood. The data positions it as a home with below-average metrics for size, lot, and assessed value compared to its immediate street, area, and the wider city. Its last known sale was between $200k-$250k in 2020.
Key Characteristics & Appeal
The primary appeal of this property lies in its affordability and efficiency. With a living area significantly smaller than area averages, it represents a lower-cost entry point into homeownership. Its assessed value is notably below average, suggesting correspondingly lower property taxes, which is a key long-term savings. The lot, while smaller than most in the city, is still a manageable size for minimal upkeep.
This home would best suit first-time buyers, downsizers, or investors seeking a straightforward, no-frills property. It’s for someone who prioritizes financial practicality over space—a buyer comfortable with a cozy layout who sees the value in a lower carrying cost. A less obvious perspective is its potential as a "starter" property in a literal sense: it allows an owner to build equity with relatively low overhead, providing a strategic foothold in the market. Its consistent below-average rankings across categories indicate it’s not a standout in terms of features, but rather a pragmatic choice based on budget.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed value is for taxation purposes and is influenced by the home's smaller size, older age, and the specific market values in its neighbourhood. A lower assessment typically translates to lower annual property taxes.
2. What does the "Top 95%" ranking for living area mean?
It means that 95% of homes city-wide have a larger living area. For this property, it ranks in the smallest 5% of homes in Winnipeg by square footage, highlighting its compact nature.
3. Is the 2020 sold price of $200k-$250k a reliable indicator of current value?
It is a historical data point, not a current valuation. Market conditions have likely changed since 2020, so a new appraisal or comparative market analysis would be needed to determine today's value.
4. Given the smaller lot size, is there room for an addition or expansion?
Any expansion would be subject to the City of Winnipeg's zoning bylaws, which dictate setbacks and maximum lot coverage. The smaller lot size could limit the feasibility of a significant addition.
5. How does the age of the home (54 years) affect potential maintenance?
A home of this age may have original or older major components, like the roof, windows, or plumbing. A thorough inspection is crucial to budget for any necessary updates or repairs, which is a common consideration for homes built in the 1970s.