Property Summary
Key Characteristics & Appeal
This 732 sqft home, built in 1928, presents a practical and affordable entry point into Winnipeg's Victoria West neighborhood. Its primary appeal lies in value and location. With an assessed value significantly below the street and city averages, it offers a lower financial barrier for a sought-after area. The lot size is well-aligned with neighborhood norms, providing standard outdoor space.
The home suits first-time buyers, downsizers, or investors seeking a character property with renovation potential. Its smaller living area is a trade-off for the lot and location, appealing to those who prioritize efficient living over size. A thoughtful perspective is that its "below average" metrics on this particular street might indicate a more tranquil, less densely built pocket compared to larger homes nearby. It represents an opportunity to secure a land position in a mature neighborhood without the premium price of a fully updated or expanded home.
Frequently Asked Questions
1. Is the living area too small?
At 732 sqft, the home is notably smaller than averages for the street, neighborhood, and city. It will suit those comfortable with compact, efficient layouts and may feel spacious for a single occupant or couple.
2. Why is the assessed value lower than the street average?
The assessed value of $279k is below the street average of ~$444k, reflecting the home's smaller size and likely its original 1928 condition compared to more updated or expanded neighbors. This discrepancy is what creates its value-based opportunity.
3. What does the "around average" year built mean for a 1928 home?
On Harvard Avenue W, the average home was built in 1936. Ranking near the middle of the street indicates the entire block consists primarily of character homes from this era, so this property is typical of the street's historic fabric.
4. How does the lot size compare?
The 4,404 sqft lot is very close to the neighborhood average and is a standard size for the area. It is smaller than the citywide average but offers typical yard space for Victoria West.
5. Are these rankings a cause for concern?
Not necessarily. The rankings clearly show this is a more compact, value-oriented property on a street of larger, higher-value homes. They quantify its position as an affordable option in a desirable location, highlighting its potential for those whose priorities align.