Property Overview: 69 Tomlinson Avenue, Valley Gardens, Winnipeg
Key Characteristics & Appeal
This 948 sqft bungalow, built in 1973, presents a practical and straightforward homeownership opportunity in Winnipeg's Valley Gardens neighborhood. Its primary appeal lies in its solid positioning within a stable, established community. The home is newer than most on its street and sits on a roughly 5,300 sqft lot that is typical for the area. With an assessed value of $322,000, it aligns closely with neighborhood averages, suggesting a fair market entry point without a significant premium for location.
This property would suit first-time buyers or downsizers seeking a manageable footprint and lower maintenance. Its value is more functional than flashy—it’s a home that offers the essentials of space and land without the complexity or cost of a larger, older, or more custom property. A thoughtful perspective is that its "around average" metrics across the board can be a strength: it represents a lower-risk purchase in a mature neighborhood, insulated from the volatility that can affect more unique or outlier properties. The lot size, while slightly below the street average, still provides ample outdoor space for gardening or recreation relative to many city-wide properties.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 948 sqft, the living area is below the neighborhood and city averages, but is closer to the average for Tomlinson Avenue itself. This indicates a cozier, more efficient layout that is not uncommon for the immediate street.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $322,000 is very close to the neighborhood average, providing a reliable baseline. However, the last known sale was between $250,000-$300,000 in late 2020. Market conditions, property updates, and exact sale terms will determine the final price.
3. What does the "Elite" ranking for year built mean?
The home was built in 1973. On Tomlinson Avenue, it is ranked #1 out of 30 comparable homes, meaning it is the newest or among the very newest on its street. This can suggest potentially newer major systems (like roofing, plumbing, or electrical) compared to neighbors.
4. How can I find out the exact past sale prices?
The site provides sold price ranges for context. To obtain fully verified and exact historical sale figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.
5. What are the advantages of a property with mostly "average" rankings?
Properties with metrics that align closely with their surroundings often offer predictable resale value and lower perceived risk. They are easier to compare and value, which can simplify both the purchase process and future sale.