Property Overview: 760 Bannerman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Bannerman Avenue in the Robertson neighborhood is a practical, no-frills property that represents an accessible entry point into the Winnipeg market. Built in 1945, its 900 sqft living area is modest, sitting below the city-wide average but fairly typical for its immediate area. The lot size of 4,655 sqft is a solid, average offering for the neighborhood, providing decent outdoor space.
The primary appeal lies in its value positioning. With an assessed value of $209k, it sits significantly below both the neighborhood and city-wide averages, suggesting a lower property tax burden and an opportunity for buyers focused on fundamentals over premium finishes. Its last sale price (2022) fell within the $150k-$200k range, indicating it has historically been a budget-conscious option. This property would suit first-time buyers, investors seeking a straightforward rental, or downsizers looking for a manageable home without high carrying costs. A thoughtful perspective is that its "below average" metrics in a central city aren't necessarily drawbacks, but rather indicators of a home that offers simplicity and function without the premium price tag of larger, more updated properties.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 900 sqft, the home is cozier than the Winnipeg average but is actually close to the Robertson neighborhood average (977 sqft). It's a manageable size for individuals, couples, or small families comfortable with efficient living.
2. Why is the assessed value lower than area averages?
The assessed value of $209k is below area averages, which often reflects the home's smaller size, age, and likely modest condition compared to more renovated or expanded homes in the broader area. This can mean more affordable property taxes.
3. What can the lot size accommodate?
The lot of 4,655 sqft is fairly standard for the street and neighborhood. It provides good yard space for gardening, recreation, or potential additions like a shed or deck, but may not accommodate a large secondary structure without checking zoning bylaws.
4. How does the 1945 build year affect the home?
Homes from this era often feature solid construction but may require updates to mechanical systems (like plumbing or electrical) and insulation. It's wise to budget for potential maintenance or energy efficiency improvements.
5. Where can I get exact historical sale prices?
The website provides sold price ranges for context. For fully verified, exact sale figures and a complete transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.