Property Overview: 219 Melrose Avenue W
Key Characteristics & Appeal
This is a compact, century-old home (built 1920) on a modest lot in Winnipeg's Melrose area. Its key characteristic is its efficiency: with 760 sqft of living space, it is notably smaller than most homes on its street, in the area, and across the city. The assessed value of $260,000 is fairly typical for the immediate neighborhood but sits below the citywide average, indicating a more accessible price point for the location.
The appeal lies in its practicality and potential. It represents a lower barrier to entry for homeownership in a well-established neighborhood. This property would suit first-time buyers, downsizers, or investors seeking a manageable footprint with straightforward upkeep. Its age suggests potential for character, but also means buyers should be prepared for the maintenance considerations of a 106-year-old structure. A thoughtful perspective is that its smaller size and lot offer a lifestyle with less space to heat, clean, and maintain, which can be a deliberate advantage for the right owner.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 760 sqft, the living area is smaller than the average home on Melrose Avenue W (approx. 980 sqft), in the wider Melrose area (approx. 973 sqft), and significantly smaller than the Winnipeg city average (approx. 1,342 sqft).
2. Is the assessed value high for the neighborhood?
The $260,000 assessment is around the average for Melrose Avenue W and the broader Melrose area. However, it is below the average assessed value for the entire city.
3. What should I consider due to the home's age?
Built in 1920, the home is older than most in the city. Prospective buyers should factor in potential updates or maintenance related to older plumbing, electrical systems, and the building envelope, balanced against the potential charm and established neighborhood feel.
4. How can I find out what it last sold for?
Exact sold price history is provided manually by request. You can submit your email via the listing page to receive the accurate sale price for its last transaction (listed in the range of CA$150k–200k in 2016).
5. Where can I see more context about the location and nearby properties?
The listing provides a link to an interactive neighborhood analysis page. This tool allows you to view the property on a map and compare details like year built, living area, and lot size with neighboring homes.