Property Overview: 155 Annabella Street, Winnipeg
Key Characteristics & Appeal
This home at 155 Annabella Street in North Point Douglas presents a distinct profile defined by its modern age and value proposition. Built in 2006, it is a notably newer construction compared to most homes in its immediate area and across Winnipeg, offering potential advantages in building systems and maintenance needs. With 1,080 sqft of living space, it is compact yet functional, sitting on a generous 4,467 sqft lot that is larger than many in the neighbourhood.
Its primary appeal lies in its assessed value positioning. While its city-wide assessment is below average, it ranks well above average for both its street and the North Point Douglas area, suggesting it is a higher-value asset within its local context. This creates an interesting dynamic: it may appeal to buyers seeking a modern home in an established neighbourhood without the upkeep challenges of a century-old property. The lot size also offers a relative rarity for the area—space for outdoor use or expansion.
This property would likely suit a first-time buyer or an investor looking for a relatively contemporary structure in an urban neighbourhood. It’s less suited for those requiring substantial interior square footage but ideal for someone who values lower immediate maintenance and a newer building envelope over ornate historical character.
Frequently Asked Questions
1. How does the 2006 build date affect this property?
As one of the newest homes in North Point Douglas, it likely has modern wiring, plumbing, and insulation. This can mean lower immediate repair costs and potentially better energy efficiency compared to the neighbourhood's predominantly early-1900s housing stock.
2. The assessed value seems high for the area but low for the city. What does this mean?
The assessment reflects the property’s value relative to its peers. It is considered a higher-value home within North Point Douglas, but its value is below the Winnipeg average. This often indicates a more affordable entry point into homeownership with the benefit of a newer build, though it also reflects the broader market dynamics of the neighbourhood.
3. Is the living space too small?
At 1,080 sqft, it is below the average for its specific street but around average for the wider area. It represents a efficient, manageable layout. Buyers should consider if the space meets their needs, as the trade-off is a larger-than-average lot for the neighbourhood.
4. What can you tell me about the sold price history?
Public data indicates it last sold between $150,000 and $200,000 in August 2022. For precise historical sold prices and a verified transaction history, a manual lookup through the site’s service is required, as this data is not sourced from the MLS.
5. How does the lot size benefit a buyer?
The lot of 4,467 sqft is significantly larger than the North Point Douglas average. This provides more private outdoor space, potential for gardening, parking, or future additions like a shed or deck, which is a valuable commodity in older, denser urban neighbourhoods.