Property Overview: 945 Government Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home, built in 1959, presents a practical opportunity in Winnipeg's Munroe East neighbourhood. Its key appeal lies in offering above-average interior space for its immediate area, with 1,029 sqft of living area ranking in the top 20% on its street. The lot size of 4,606 sqft is typical for the local area, providing a standard outdoor space.
The property’s assessed value is consistent with the neighbourhood average, suggesting a fairly priced entry point into the market. A thoughtful perspective is that this home, while newer than many on its street, may still require updates common to its era. Its value proposition is strongest at the local level; it offers more interior space than nearby peers, though it sits below the city-wide average for square footage. This home would suit first-time buyers or practical investors looking for a straightforward property in an established area, where the value is derived more from liveable space and local comparables than from a large lot or a premium city-wide position.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It has more living space than most homes directly on Government Avenue, ranking in the top 20%. Compared to the broader Munroe East area, it is very close to the average size.
2. Is the assessed value high for the area?
No, it is around the average for both the street and the Munroe East neighbourhood. This indicates its valuation is in line with local market norms.
3. What should I consider about the home’s age?
Built in 1959, it is newer than many homes on its street. However, as a 67-year-old property, prospective buyers should budget for potential updates to major systems, roofing, or windows that are typical for homes of this vintage.
4. How does the lot size compare?
The lot is slightly smaller than the average lot on Government Avenue and in Munroe East. It provides a standard yard space for the locality but is not considered a large lot.
5. Where can I see more detailed comparisons with neighbouring properties?
You can use the provided link to open a neighbourhood analysis map, which visually compares this property to nearby homes based on year built, living area, assessed value, and lot size.