Property Overview: 99 Avalon Road, Winnipeg
Key Characteristics & Appeal
This home at 99 Avalon Road is a practical offering defined by its generous lot size and a value-oriented position in the market. Built in 1973, the house itself is modest in scale at 1,001 sq ft, placing it below the average living area for its neighborhood, area, and the wider city. Its assessed value is similarly positioned below average for the Minnetonka area but aligns more closely with averages on its own street and citywide.
The primary appeal lies in its land. The property sits on a 10,406 sq ft lot, which is notably larger than most city lots, ranking in the top 5% citywide and the top 16% within Minnetonka. This presents a significant opportunity for outdoor space, gardening, or future expansion. The home suits first-time buyers or downsizers seeking a manageable footprint without sacrificing yard size, or value-conscious buyers who see potential in the land itself. Its appeal is grounded in practicality and the less common combination of a smaller home on a larger, private lot in an established neighborhood.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No, the assessed value (currently $37.30k) is used for calculating property taxes and often differs significantly from the current market price, which is determined by recent sales of similar homes and buyer demand.
2. What does the "Elite" ranking for Land Area mean?
This indicates the property's lot size of 10,406 sq ft is larger than approximately 95% of all residential lots in Winnipeg, making it a standout feature compared to the citywide average of about 6,570 sq ft.
3. The living area is noted as "below average." How might this affect living here?
The 1,001 sq ft home offers a more compact layout, which can mean lower utility costs and less maintenance. It’s well-suited for efficient living but may require creative use of space or planned renovations if more room is needed.
4. The home was last sold between 2016-2025 for an estimated $250k-$300k. Why is the exact price not shown?
Exact sale prices are not always publicly available in Manitoba. The range is estimated from public data, and the precise figure can be requested directly from the listing service.
5. Given the larger lot, are there any restrictions on what I can build?
Potentially. While the lot offers great space, any new structures, additions, or significant alterations would require checking with the City of Winnipeg’s zoning bylaws and acquiring the necessary permits.