Property Overview: 753 Cathedral Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 753 Cathedral Avenue is a compact, character property built in 1923, situated in Winnipeg's Robertson neighborhood. Its primary characteristic is its modest 616 square feet of living space, which is notably smaller than most homes in the area and across the city. The assessed value of $221k is comfortably below neighborhood and city averages, presenting a lower entry point into the market.
The appeal lies in its efficiency and potential. It suits a specific buyer: a first-time homebuyer, a downsizer, or an investor seeking an affordable, manageable property. The lot size, while below average for the city, is reasonably proportional for the street and offers outdoor space uncommon for such a small-footprint home. Its age places it among the older homes on the block, suggesting possible historic charm but also the need for a practical eye toward maintenance and updates. This isn't a home for someone seeking ample space; it's for a buyer who values a simpler footprint, lower carrying costs, and sees the opportunity in a smaller, more affordable asset in a well-established area.
Section 2: Frequently Asked Questions
1. Is this a good value compared to nearby homes?
Based on assessed value, this home ranks around average for Cathedral Avenue but below the average for the wider Robertson neighborhood and Winnipeg overall. This suggests it may offer relative value on its specific street while being priced accessibly for the area.
2. How does the small living area impact daily life?
At 616 sqft, the living space is significantly below typical home sizes. This necessitates efficient use of space and minimal possessions. It would suit a single person, a couple, or someone who lives simply, but would be challenging for a family or anyone needing a home office or multiple dedicated rooms.
3. What should I consider with a home built in 1923?
While charming, a home of this age likely requires closer attention to foundational elements, wiring, plumbing, and insulation. A thorough inspection is essential. Its older construction date on a street with slightly newer average homes might indicate it's one of the original character houses.
4. What can the recent sold price range tell me?
The property sold between $250k-$300k in mid-2024. This final sale price above its $221k assessment is common in active markets and indicates what a buyer was recently willing to pay. It provides a more current benchmark than the assessed value alone.
5. How do I find out the exact sold price?
Due to industry regulations, exact sold prices from the MLS are not published on this site. You can request the exact figure via email from the site provider, who will manually look up and provide the verified transaction history.