Property Overview: 215 Pandora Avenue E, Winnipeg
Section 1: Key Characteristics & Appeal
This home is defined by its balance of space, value, and history. Built in 1912, it offers 869 sqft of living space on a notably generous 4,842 sqft lot in the Melrose neighbourhood. Its appeal lies in its practical proportions and clear value positioning. The living area is comfortably average for its immediate area, while the lot size is well above average for Melrose, presenting a notable ratio of outdoor to indoor space. With a modest assessed value, it sits below average for the street and city, suggesting a potentially accessible entry point into the market.
The property would suit practical, value-oriented buyers. This includes first-time homeowners looking for a character home with room to grow outdoors, or investors seeking a property with a lower assessed value base in a mature neighbourhood. It’s less suited for those seeking a large, modern interior or for whom a century-old home’s potential maintenance needs are a concern. A thoughtful perspective is that while the home is older than most in the city, this can sometimes correlate with more established, tree-lined streets and a sense of permanence that newer subdivisions may lack.
Section 2: Frequently Asked Questions
1. What does the sold price history indicate?
The property sold in the $200k-$250k range in 2021 and the $150k-$200k range in 2020. This recent activity shows a steady market interest, but for the exact sale price, you must request the information directly via the provided email service.
2. How does the lot size compare to nearby properties?
The 4,842 sqft lot is a standout feature. It ranks in the top 27% within the Melrose area, meaning it’s significantly larger than many neighbouring lots, offering more private outdoor space.
3. Is the assessed value unusually low?
The assessed value of $24,600 is below the average for Pandora Avenue E and Winnipeg overall. This is not atypical for older, more modestly sized homes and generally results in lower property taxes, which is a key ongoing cost saving.
4. What should I consider about the age of the home?
Built in 1912, the home is older than approximately 92% of properties in both Melrose and Winnipeg. This suggests potential for classic architectural charm but also warrants a thorough inspection to understand the condition of major systems like wiring, plumbing, and the foundation.
5. How does the living space feel in context?
At 869 sqft, the living area is slightly below the average for the street but very close to the average for the Melrose area. This indicates the home’s size is typical and functional for the neighbourhood, likely featuring efficient, compact rooms rather than expansive open layouts.