Property Overview
This home at 1214 Troy Avenue in Winnipeg's Mynarski neighbourhood presents a solid, value-oriented opportunity. Built in 1954, it sits on a generous 5,333 sqft lot and offers 1,072 sqft of living space. With an assessed value of $319,000, it positions itself as an above-average property within its immediate area, offering more house and land for the money compared to many nearby counterparts.
Key Characteristics & Appeal
The primary appeal of this property lies in its strong local value proposition. While its size is fairly typical citywide, it ranks well above average for both assessed value and lot size within the Mynarski area. This suggests you get a more substantial parcel of land and a higher-valued home relative to many neighbours. The lot is notably larger than the area average, offering potential for outdoor space, gardening, or future expansion.
Its appeal is practical and grounded. It would suit a first-time buyer looking for a foothold in the market with room to grow, or an investor seeking a property with intrinsic value in its land size. The data indicates it's not the newest home on the block, which could appeal to a buyer comfortable with a classic structure and possibly interested in personalized updates over time. It’s a home for someone who values space and established community character over modern finishes and a central city location.
Frequently Asked Questions
1. How does this home’s value compare to others on the street?
Its assessed value ranks in the top 19% on Troy Avenue (3rd highest out of 16 comparable homes), meaning it is considered above average for the immediate street.
2. Is the lot size a significant feature?
Yes. The 5,333 sqft lot ranks in the top 15% within the Mynarski area, meaning it is substantially larger than most lots in the neighbourhood, which average under 4,800 sqft.
3. The home was built in 1954. What should I consider?
While its age is typical for Winnipeg, it ranks as one of the older homes in Mynarski. A thorough inspection is advisable to understand the condition of major aging components like the roof, plumbing, and electrical systems.
4. Why isn’t there any sales history shown?
The provided data does not source from the MLS. You can request exact historical sales figures manually via the email request option on the listing page for verified transaction history.
5. How does it compare to Winnipeg city averages?
Citywide, this home is around average for lot size and living area. Its assessed value is also near the city average, though it’s important to note the city-wide average value is skewed higher, likely by newer or more centrally located neighbourhoods. This highlights its stronger standing within its own community context.