Property Overview: 1026 Bannerman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1953 home in the Robertson neighborhood presents a compelling mix of modest scale and valuable land. At 916 sqft, the living space is efficient and below the averages for its street and the city, suggesting a cozy, manageable footprint. The true standout is the 5,959 sqft lot, which ranks in the top 3% on Bannerman Avenue, offering exceptional outdoor space potential relative to nearby properties.
Its appeal lies in this balance: it’s a home for those who prioritize land over square footage. The assessed value of $309k is notably above average for the immediate area, indicating the property is viewed favorably within its local market context, likely due to its generous lot. It suits a practical buyer—perhaps a first-time homeowner, downsizer, or investor—who sees value in a solid, post-war home on a large lot where additions, gardens, or outdoor living are future possibilities. It’s less suited for those seeking ample interior space or a modern, turn-key property without renovation plans.
Section 2: Frequently Asked Questions
1. Is the house small compared to others on the street?
Yes. At 916 sqft, the living area is below the street average of 1,114 sqft, ranking in the top 71% (meaning 71% of homes on the street are larger). The home offers efficient, not expansive, interior space.
2. Why is the assessed value higher than the neighborhood average?
The assessed value of $309k is above the Robertson average of $269k. This is likely influenced by the property's very large lot size, which is a key factor in municipal assessment and adds significant value relative to neighboring properties.
3. How does the lot size compare?
The lot is a major feature. At nearly 6,000 sqft, it is significantly larger than the street average (~4,200 sqft) and ranks in the elite top 3% for Bannerman Avenue.
4. When was it last sold and for how much?
Records indicate a sale between October 2022 for a price in the range of $300,000 to $350,000. Exact sale figures require a manual lookup from the provider.
5. Is the home newer or older than most in the area?
Built in 1953, it is newer than the average home on Bannerman Avenue (avg. 1936) and in the Robertson neighborhood (avg. 1949), placing it above average for its immediate context.