Property Overview: 444 Sydney Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 744 sqft bungalow, built in 1950, presents a compelling mix of modest living space on a generous lot. Its primary appeal lies in its strong position within its immediate locale. The home sits on a 4,865 sqft lot that is notably larger than most on Sydney Avenue, offering above-average outdoor space and potential for expansion or gardening. With an assessed value of $288,000, it is considered a higher-value property for its specific street, suggesting it is well-maintained or has features that set it apart from its nearest neighbors.
The property would suit a first-time buyer, downsizer, or investor looking for a manageable footprint in a stable neighborhood. Its smaller living area means lower utility and maintenance costs, while the larger lot provides a valuable asset not easily found in newer developments. A thoughtful perspective is that this home represents a "land-value play" in miniature; you're acquiring a proportionally significant piece of land with a functional house, which could be attractive for future renovation or holding as area values evolve. Its recent sale history indicates active interest in the street, pointing to a sought-after location.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
While the assessed value for tax purposes is $288,000—high for the street—market value is determined by recent sales and buyer demand. The provided sales data from 2019 shows a wide range, so consulting a local agent for a current market analysis is essential.
2. Is the smaller living area a concern?
At 744 sqft, the home is compact. This is ideal for minimalists or those seeking efficiency, but families may find it limiting. The rankings confirm it is smaller than most homes in the city, so buyers should prioritize functional layout over sheer size.
3. What does the lot size mean for me?
The nearly 5,000 sqft lot is a standout feature, offering more privacy, yard space, and potential (like a garden, shed, or future addition) than many properties in the Munroe West area. It provides a sense of space that the living area does not.
4. The home is 76 years old. What should I check?
A thorough inspection is crucial. While the year is around average for the area, focus should be on the condition of major systems (roof, foundation, plumbing, electrical) and any updates that have been made over the decades.
5. Where can I get exact historical sale prices?
The site provides estimated sale price ranges. For precise figures and a full transaction history, you must request the information directly from SaveOnHouse via email, as they manually look up data not sourced from the MLS.