Property Overview: 322 Avalon Road, Winnipeg
Key Characteristics & Appeal
This 833 sqft bungalow, built in 1972 on a 5,498 sqft lot, presents a straightforward, lower-maintenance homeownership opportunity in the Minnetonka neighbourhood. Its primary appeal lies in its accessibility and efficiency. With a living area significantly below the local average, the home is inherently manageable, potentially suiting those looking to minimize space, cleaning, and utility costs. The assessed value is notably below averages for both the street and the area, suggesting a relatively low property tax burden and an accessible entry point into the market.
The property would suit first-time buyers, downsizers, or pragmatic investors seeking a functional, no-frills home. Its city-wide assessed value ranking is around average, indicating it aligns with broader Winnipeg norms despite being modest for its immediate surroundings. A thoughtful perspective is that this smaller footprint on a standard city lot offers a balance—it provides outdoor space without the demanding upkeep of a much larger yard, which is common on the street. The home’s age is typical for the area, so buyers should anticipate updates consistent with a house from the early 1970s.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value ($33,300) is used for calculating municipal property taxes. Market value (what a buyer might pay) is determined by recent sales, condition, and market demand. The home last sold for an estimated $250k-$300k in 2017.
2. How does the smaller living area compare practically?
At 833 sqft, the home is considerably cozier than many in Minnetonka (area average ~1,439 sqft). This is ideal for a couple, a single occupant, or someone comfortable with efficient use of space. It likely means fewer bedrooms or more compact living areas.
3. What does the "below average" ranking for lot size mean?
The lot is smaller than most on Avalon Road, where lots are generally larger. However, at 5,498 sqft, it is closer to the Winnipeg city-wide average. You get a decent yard, just not as expansive as some neighbours.
4. Are sold prices for this home available?
Exact sold prices are not publicly listed. An estimated range for its 2017 sale is provided ($250k-$300k). You can request the exact historical sold price by email from the listing service.
5. Who would this property not suit?
It may not be ideal for growing families needing multiple bedrooms and ample indoor space, or for buyers seeking a large garden or who prefer a home that is significantly larger or newer than neighbourhood averages.