Property Overview: 18 Avaco Drive
Key Characteristics & Appeal
This 1973-built home on a 5,500 sqft lot presents a practical opportunity in the Valley Gardens neighborhood of Winnipeg. Its key appeal lies in its solid foundational standing within its immediate context. While the 960 sqft living area is modest and below area averages, the property holds its ground with an assessed value ($324k) that is competitive on its street and in the neighborhood. A standout feature is its lot size, which is above average for Avaco Drive, offering valuable outdoor space.
The home suits first-time buyers or downsizers seeking an entry point into a stable neighborhood without a premium price tag. Its "elite" ranking for year built on its street suggests it is among the most modern homes in that specific row, which can be a plus for maintenance considerations. A thoughtful perspective for a buyer is to see the below-average living space not just as a limitation, but as a manageable canvas for efficient living or a strategic renovation that could capitalize on the larger-than-street-average lot.
Frequently Asked Questions
1. Is this house a good value compared to its neighbors?
Based on assessed value, it sits around the average for both Avaco Drive and the wider Valley Gardens neighborhood. It is priced notably below the Winnipeg city average for comparable homes, suggesting you are paying for the specific local area rather than a city-wide premium.
2. The living area is ranked below average. How significant is this?
The living space is consistently below the average for the street, neighborhood, and city. This indicates a genuinely compact home. Buyers should prioritize a viewing to ensure the layout and their needs align with the square footage.
3. What does the "elite" ranking for the year built (1973) mean?
On Avaco Drive, this home is ranked #1 out of 61 for being newer, meaning it is the most recently built home among its direct comparables on that street. This is a hyper-local advantage, as it is around average when compared to the broader neighborhood and city.
4. How does the lot size compare?
The 5,500 sqft lot is a positive differentiator, being above the average lot size for Avaco Drive itself. It provides more outdoor space than many of its immediate neighbors, which is a valuable asset.
5. What is the main takeaway from this data analysis?
The data paints a picture of a modest, fairly priced home that aligns with its immediate surroundings. Its value proposition is rooted in its lot size and modern age relative to its street, rather than in expansive living space. It represents a typical, grounded offering for its specific location.