Property Overview & Key Characteristics
This 1978 bi-level home at 384 Avalon Road in Winnipeg's Minnetonka neighbourhood presents a practical and updated living space. Its key appeal lies in a combination of a renovated basement, above-average living space for its immediate area, and a generous 7,003 sqft lot. The home ranks well compared to its street and neighbourhood in categories like living area, lot size, and recent construction year, suggesting it is a solid, established property within its context. The attached garage and lack of a pool point to a low-maintenance, family-focused practicality.
It would suit first-time buyers or downsizers looking for a move-in-ready home with already-completed renovations, particularly the basement. It also appeals to buyers who value a larger lot for gardening or outdoor space without venturing into rural areas. A thoughtful perspective is that its "middle-of-the-pack" assessed value, while not the highest, indicates a stable and predictable property tax burden relative to the neighbourhood.
Frequently Asked Questions
1. How does this home compare to others on the street?
The data shows this home ranks in the top tier (top 39%) for lot size on Avalon Road and is newer than 86% of its street neighbours. Its living area is also above average, placing in the top 76% on the street.
2. What does the "renovated basement" typically mean for a bi-level?
In a bi-level, the basement is often a fully functional lower living level with windows. A renovated basement here likely adds significant finished living space, potentially including extra bedrooms, a family room, or a secondary entrance.
3. Is the assessed value a good indicator of the listing price?
Not directly. The assessed value ($46,800) is for municipal tax purposes. Listing prices are based on current market conditions. The provided comparable homes with similar assessed values have a wide range of features, so a professional valuation is essential.
4. What is the neighbourhood character of Minnetonka?
Based on the year-built data (1978 fits the central range), Minnetonka appears to be a mature, established neighbourhood from the mid-20th century, offering stable, family-oriented housing.
5. How does the lot size impact the property?
At over 7,000 sqft, the lot is a standout feature. This provides ample private outdoor space, room for additions like a deck or shed, and better spacing from neighbours compared to newer subdivisions, while still being within the city.