Property Overview: 233 Avalon Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 233 Avalon Road is a compact, single-family residence built in 1974, offering 816 square feet of living space on a 5,696 sqft lot in the Minnetonka neighbourhood. Its key appeal lies in its position as an accessible entry point into the Winnipeg market. The assessed value is notably below average for its immediate street and area, suggesting a potentially lower property tax burden and an opportunity for buyers focused on fundamentals rather than premium finishes.
The home suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property. Its smaller size and lot offer manageable upkeep, while its city-wide assessed value ranking is around average, indicating it aligns with broader market norms. A thoughtful perspective is that this property represents the "bones" of homeownership—it provides the stability and equity-building potential of a detached house without the premium price tag of larger or recently renovated homes in the area. Its value proposition is rooted in function and location over size or luxury.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
At 816 sqft, the living area is below the average for Minnetonka and for the city overall. It is a compact layout, ranking in the lower third for size among comparable homes in the immediate vicinity.
2. What does the assessed value tell me?
The assessed value of $33,200 is below average for both Avalon Road and the Minnetonka area, but sits around the average mark city-wide. This can indicate a relatively lower property tax base compared to neighbours, but it's essential to verify current taxes and the relationship between assessed value and potential market value.
3. Is the lot size typical?
The lot of 5,696 sqft is below average for the street and the area. However, it is closer to the city-wide average, suggesting lots in Minnetonka tend to be larger. This means less yard maintenance but also less private outdoor space than many nearby properties.
4. What is the sales history?
Public records indicate the home sold in the $300k-$350k range in 2020 and in the $250k-$300k range in 2019. For precise historical sold prices, you must request the information directly via the provided email service.
5. How can I understand these "rank" and "top" percentages?
The rankings compare this home to similar properties on three levels: its street, the Minnetonka area, and city-wide. A "Top 90%" rank for living area, for example, means approximately 90% of comparable homes are larger. The "dashed line" in the visualizations represents the median benchmark, with the property's position marked for quick comparison.