Property Overview: 739 Consol Avenue, Winnipeg
Key Characteristics & Appeal
This home at 739 Consol Avenue is a practical, no-frills property in Winnipeg's Munroe East neighbourhood. Built in 1959, it is typical for its area in age but stands out for its compact scale. With 818 square feet of living space on a 3,953 sqft lot, it is notably smaller than most comparable homes on its street, in the area, and across the city. This is reflected in its assessed value of $26,600, which is below average across all comparison groups.
The primary appeal lies in its position as an accessible entry point into the housing market. Its lower assessed value suggests a potentially manageable property tax burden and an affordable purchase price for a single-family home. It would suit a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist lifestyle with lower maintenance costs. A thoughtful perspective is that a smaller, efficient home on a modest lot can offer financial flexibility and a simpler living arrangement, allowing resources to be allocated elsewhere. Its average age for the area means major systems may be due for updates, presenting both a consideration and an opportunity for a buyer to add value through strategic renovations.
Frequently Asked Questions
1. Why is the assessed value so much lower than the average sold prices shown?
The assessed value is for municipal tax purposes and is not a market price. The sold price range from 2016 ($200k-$250k) is a historical market value, and both figures can differ significantly from current market value, which is determined by recent sales, condition, and demand.
2. How much of a concern is the below-average living space?
This depends entirely on your needs. For a single person, couple, or small family comfortable with cozy quarters, it’s manageable. It likely means limited storage and smaller rooms, so evaluating your space requirements and potential for future expansion is crucial.
3. What does the "below average" ranking for land area mean for me?
With a lot size in the bottom quartile for the street, you have less outdoor space than your neighbours. This means lower yard maintenance but also limited potential for additions like a large deck, garage, or home expansion without creative design.
4. The home is older—what should I budget for immediately?
Homes from this era may have original or aging major systems, including roofing, plumbing, electrical, and insulation. A thorough inspection is essential, and you should budget for potential updates to these systems to ensure efficiency and safety.
5. How can I get the exact historical sold price?
The exact sold price is not publicly listed in detail. As noted on the listing, you can provide your email address to request this information manually from the service; they state they do not use emails for unsolicited marketing.