Property Overview & Appeal
832 Barry Avenue is a well-situated home in Winnipeg's Mission Gardens neighbourhood, offering a practical blend of space and value. Its key characteristic is a generous, above-average lot size for its immediate street, providing more outdoor space than most neighbours. The 833 sqft bungalow, built in 1971, presents a solid, no-frills foundation. Its appeal lies in its position as a competitively priced entry point into the market, underscored by a recent sale between $350k-$400k in 2024. The assessed value is notably below average for the Mission Gardens area, which could signal an opportunity for value-conscious buyers.
This property would suit first-time buyers or practical investors looking for a home with renovation potential on a good-sized lot. It’s also a fit for those who prioritize land over living square footage, as the house itself is more compact compared to area averages. A thoughtful perspective is that while the home ranks below average in size for the neighbourhood, its lot size is an asset that isn't subject to renovation, offering long-term flexibility whether for expansion, gardening, or simply more privacy.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 833 sqft, the living area is below the average for both the Mission Gardens neighbourhood and the city overall. However, it is closer to the average for Barry Avenue itself, indicating the homes on this street tend to be more modest in size.
2. What does the assessed value tell me?
The assessed value of $31,800 is below the neighbourhood average. It’s important to note that municipal assessments are for tax purposes and often lag behind market values, as suggested by the home’s 2024 sale price range of $350k-$400k.
3. Is the lot size a significant feature?
Yes. The land area of 4,998 sqft ranks in the top 11% on Barry Avenue, meaning it's larger than most lots directly around it. This is a standout feature for the property.
4. The home was built in 1971. What should I consider?
A home of this age will likely require a thorough inspection of its major systems (roof, wiring, plumbing, foundation) and may need updates. Its older vintage also means it was built during different construction standards and energy efficiency expectations.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The listing service offers to provide the exact sale price history via a manual email request, which they aim to fulfill by the end of the same business day.