Property Summary: 501 Minnigaffe Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 684 sqft bungalow, built in 1953, presents a compact and efficient living space in Winnipeg's Robertson neighborhood. Its primary appeal lies in its value proposition and manageable scale. The home's assessed value of $262k is notably above the street average, suggesting it is a well-maintained or updated property within its immediate context, despite its smaller size. This creates an interesting dynamic: you are acquiring one of the more valuable homes on the block for a price still significantly below citywide averages.
The property suits first-time buyers, downsizers, or investors seeking an affordable entry into the market with lower maintenance costs and property taxes. Its smaller lot (3,007 sqft) translates to less yard work, a plus for those seeking simplicity. A thoughtful perspective is that this home represents a "right-sized" option in a market often focused on larger properties, offering financial efficiency without the burden of excessive space. Its 1953 build date is newer than most on its street, potentially indicating fewer concerns with very old infrastructure.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 684 sqft, the home is below average in size for the street, neighborhood, and city. It requires efficient use of space and is best suited for individuals, couples, or those comfortable with a compact layout.
2. Why is the assessed value higher than the street average?
Ranking in the top 15% on its street for assessed value, this suggests the property has features, condition, or updates that the municipal assessment recognizes as adding value compared to its immediate neighbors.
3. What does the "Top XX%" ranking mean?
It indicates how this property compares to similar homes in a given area. For example, ranking in the "Top 97%" city-wide for living area means only 3% of comparable Winnipeg homes are smaller, highlighting its compact nature.
4. Can I get the exact sale history for this property?
The public data does not show a detailed transaction history. The site offers a manual lookup service where you can request the full history and exact sold prices via email, as MLS records are not displayed.
5. How does the lot size impact potential?
The lot is smaller than average, which limits expansive outdoor additions or landscaping. However, it also means less upkeep and may align with a low-maintenance lifestyle.