Property Overview: 726 Consol Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Consol Avenue in Munroe East is a practical, post-war bungalow built in 1958. Its key characteristic is a notable contrast between its modest, below-average living space (916 sq ft) and its above-average, generous lot size (5,286 sq ft). This creates a distinct value proposition: you're acquiring more land relative to most homes on the street and in the immediate area, while the house itself is a manageable size.
The appeal lies in this potential. The lot offers room for expansion, gardening, or outdoor living—a valuable asset in a mature neighbourhood. With an assessed value that sits below average for the street but around average for the wider Munroe East area, it presents as an accessible entry point into the neighbourhood. It suits first-time buyers or practical downsizers looking for a solid foundation to potentially customize, and it may particularly attract those who prioritize private outdoor space over a large interior footprint. A thoughtful perspective is that this property type often represents the "bones" of a neighbourhood—a chance to own a character home with room to grow, without the premium of a fully renovated or larger structure.
Section 2: Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value ($27,800) is for municipal tax purposes. Market value is determined by recent sales, condition, and demand. The home last sold between $250k-$300k in 2020, which is a more relevant benchmark.
2. What does the "below average" living area mean for daily life?
At 916 sq ft, the floor plan will be compact. It likely suits individuals, couples, or small families comfortable with efficient use of space. The generous lot can functionally extend your living area outdoors in warmer months.
3. How does the lot size compare meaningfully?
Your lot is larger than approximately 85% of those on Consol Avenue. This means more privacy, yard space, and potential than most direct neighbours, which is a key differentiator for this property.
4. What are the implications of the home's age (1958)?
Homes of this era are typically solidly built but will have aging core components. A pre-purchase inspection is essential to understand the condition of the roof, wiring, plumbing, and foundation. Budgeting for updates should be part of your planning.
5. Can I find out the exact historical sale price?
The listing service provides sold price ranges based on public data. They offer to provide the exact figure via a manual email request, which they aim to fulfill by the end of the same business day.