Property Overview: 44 Avalon Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 44 Avalon Road in Minnetonka presents a solid, middle-of-the-road offering with a few distinct advantages. Built in 1962, it is an older home on its street and in its immediate area, which may appeal to buyers interested in the classic character and potential of a mid-century property. With 1,234 sqft of living space, it is competitively sized, sitting close to the average for both the street and the wider city.
The property’s standout feature is its 7,560 sqft lot. While average for the neighbourhood, this land size is well above the city-wide average, offering valuable outdoor space that is increasingly rare. The assessed value is modest relative to the city, suggesting a potentially accessible entry point into the market.
This home would suit a practical first-time buyer or a downsizer looking for a manageable footprint without sacrificing yard space. Its appeal lies in its balance and potential: it’s not an outlier in any category but offers a larger-than-city-average lot at a value-oriented assessment. A buyer with a vision for gentle updates or who values established gardens and room to breathe outdoors would find genuine merit here.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1962, the home is older than most on its street. This typically means maintenance items like the roof, windows, and major systems should be carefully evaluated. However, it also often comes with mature landscaping and a well-established neighbourhood feel.
2. The assessed value seems low compared to the last sold price. Why is that?
The assessed value (approximately $40k) is for municipal tax purposes and is not an indicator of current market value. The home sold for an estimated $300k-$350k in 2021, which is a more relevant benchmark. The low assessment can sometimes be a positive, potentially resulting in relatively lower property taxes.
3. Is the lot size a major advantage?
Yes, particularly from a city-wide perspective. The lot is significantly larger than the Winnipeg average, providing ample private outdoor space. On Avalon Road itself, however, it is closer to the average, so it’s a strong asset overall but not unique to this specific street.
4. What does the "ranking" data actually tell me?
The rankings show how this property compares to similar homes in three areas: its street, the Minnetonka area, and all of Winnipeg. For example, its lot size ranks in the top 13% city-wide (excellent), but its year built is in the top 79% on its street (meaning it's older than 79% of neighbouring homes). This helps you understand its relative strengths and weaknesses in different contexts.
5. How can I find out the exact past sale prices?
The exact sold prices are not publicly displayed in detail. The listing service offers to provide this information manually via email upon request, at no cost and without marketing spam, to ensure accuracy for serious buyers.