126 Berrydale Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a compact 864-square-foot bungalow built in 1957, sitting on a 5,170-square-foot lot. The home’s strongest feature is its age relative to the street—it’s newer than most neighbouring properties, which tend to date back to the 1940s. The assessed value of $292,000 lands close to the street average, meaning pricing here is consistent with what similar homes nearby have been valued at.
Where the property falls short is size. The living area is well below the citywide average (1,342 sqft) and also below the neighbourhood average. The lot is also on the smaller side for Berrydale Avenue, where many lots are nearly double the size. That said, the lot is still a touch above the citywide median, so it’s not unusually small by broader standards.
This property would suit a buyer who values a well-located, modest home with reasonable value stability—not someone looking for space or a large yard. It’s a practical entry-level or downsizing option in an established area. The appeal lies more in the street’s character and the home’s relative build quality (newer than the surrounding stock) than in square footage or land.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
It’s essentially in line with the street average ($300,000) and slightly below the neighbourhood average ($315,300). Citywide, it sits well under the average ($390,100), which reflects the home’s smaller size and lot.
2. Is the living area a dealbreaker for most buyers?
It depends on expectations. At 864 sqft, it’s below the citywide median for comparable homes. That’s typical for older, modest bungalows in this part of Winnipeg. Buyers looking for an open-concept or larger layout will likely look elsewhere—but for someone prioritizing location or affordability over space, it’s not unusual.
3. Why is the land area ranked so low on the street but average citywide?
Berrydale Avenue has exceptionally large lots compared to the rest of the city. The street average is nearly 10,000 sqft. Citywide, the median lot is about 6,600 sqft, so this property’s 5,170 sqft is actually close to what you’d find in many other areas—it just looks small in context.
4. Does the year built give any real advantage?
Marginally. The home is newer than most on the street (which average 1945), and slightly newer than the neighbourhood and citywide averages. It’s not modern by any stretch, but it may have fewer deferred maintenance issues than neighbouring homes from the 1940s. Still, it’s a 1950s house—updates and inspections are worth prioritizing.
5. What does the ranking system actually mean?
Percentile rankings show how this property compares to similar homes within a given area. For example, “Top 18%” on street for year built means it’s newer than 82% of comparable homes on Berrydale Avenue. Rankings don’t measure condition or upgrades—just raw data like size, value, and age. They’re useful for context, not judgment.