Property Overview: 736 Bannerman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 1,100 sqft home, built in 1945 on a standard 4,643 sqft lot in Robertson, presents a practical and value-conscious opportunity. Its core appeal lies in its position as a solid, average-sized home within its immediate streetscape, offering more interior space than many in the wider neighborhood. The assessed value of approximately $233k is notably below both the Winnipeg city average and the Robertson neighborhood average, suggesting a potentially accessible entry point into the market.
This property would best suit first-time buyers or pragmatic investors looking for a functional home without premium pricing. Its value becomes clearer through comparison: you’re getting a house that is larger than most in Robertson, on a lot that’s slightly bigger than others on Bannerman Avenue, but at an assessed value that sits in a lower tier. This creates a specific value proposition—compromising on newer age or a prime city-wide assessment for more space at a neighborhood-level price. It’s a home for those focused on fundamentals and lot potential over modern finishes or prestige.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
Not directly. The assessed value is for municipal tax purposes. The home last sold between $200k-$250k in 2021, and current market conditions will determine the price. The assessment being below area averages can indicate a more affordable starting point, but competitive bidding or needed updates can influence the final sale price.
2. How does the size of this home compare to others nearby?
At 1,100 sqft, the living area is above average for the Robertson neighborhood but around average for Bannerman Avenue itself. This means it offers more interior space than many nearby homes, while still being typical for its specific street.
3. What should I consider about a home built in 1945?
Homes from this era often feature solid construction but may require updates to electrical, plumbing, or insulation to meet modern standards. A thorough inspection is essential to budget for any necessary repairs or renovations, which could offset the lower assessed value.
4. The lot size is noted as "around average." Is that an advantage?
Yes, in this context. The lot is slightly larger than the street average, which is a subtle plus for outdoor space, parking, or future expansion potential compared to immediate neighbors, without carrying the premium of an exceptionally large lot.
5. How can I find out the exact past sale prices for this property?
The website provides sold price ranges for context. Due to industry rules, exact MLS sale histories are not published automatically. You can request the exact figures via email from the site provider, who will manually look up and send the verified transaction history.