Property Overview: 119 Traverse Avenue, Norwood East
Key Characteristics & Appeal
This home at 119 Traverse Avenue presents a solid, grounded opportunity in Winnipeg's Norwood East neighbourhood. Built in 1947, it is a notably newer construction compared to many homes on its street and in the immediate area, which may suggest updated infrastructure or fewer concerns related to the age of core components. With 1,128 sqft of living space, the house offers a practical footprint that is very typical for the locale.
The property’s standout feature is its generous 4,799 sqft lot, which is larger than most on Traverse Avenue. This offers valuable outdoor space and potential not always found in established neighbourhoods. The assessed value of $351k sits above average for both the street and Norwood East, indicating that official valuations recognize its relative standing, though it is positioned around the middle range city-wide.
Its appeal lies in this balance: it’s a well-situated, post-war home on a spacious lot in a mature community. It would suit a buyer looking for a move-in-ready character home without the extreme upkeep challenges of an earlier-century build, or someone who values a larger yard for gardening, recreation, or future expansion over a maximized interior square footage.
Frequently Asked Questions
1. How does the 1947 build year affect this home?
Being built two decades later than many neighbouring homes can be an advantage. It often means construction methods and materials are more modern, potentially leading to fewer issues with antiquated plumbing, wiring, or foundations common in pre-1930s houses.
2. The assessed value is above area averages. Does that mean it’s overpriced?
Not necessarily. A higher assessment can reflect the property’s larger lot size, newer construction, or improvements. It’s a benchmark for municipal taxes, but market value is determined by current buyer demand and the home’s specific condition.
3. What does the sold price data from 2017 tell us?
The previous sale in the $300k-$350k range provides a historical anchor point. It shows the property’s market trajectory over nearly eight years, but it’s essential to get exact, recent comparable sales to understand today’s value fully.
4. Is the living space sufficient for a family?
At just over 1,100 sqft, the living area is average for the area. It typically accommodates a small to medium-sized family comfortably, emphasizing efficient use of space. The large lot can effectively extend the living area outdoors in warmer months.
5. How can I verify the exact past sold prices?
The site notes that exact sale figures require a manual lookup due to data source rules. You can request this information directly via email from the service to get precise historical data for your analysis.