Property Summary: 11 Flamingo Avenue
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1967, is situated on a notably large lot of over 7,600 square feet in Winnipeg's Booth neighbourhood. Its primary appeal lies in a combination of generous space and established maturity. The 2,334 sqft living area is well above average for the area, ranking in the top 4% city-wide, offering room to grow. The fully renovated basement adds significant modern living space.
The property’s standout feature is its land. The lot size ranks in the top 7% on its street and the top 13% in Winnipeg, presenting a substantial canvas for gardening, recreation, or future expansion—a rarity in many city neighbourhoods. While the home itself is from the late 1960s, the data suggests it is among the newer homes on its specific street. The assessed value has seen a healthy increase since its 2020 sale, indicating solid market recognition.
This home would suit buyers looking for a property where the land itself is a major asset, who appreciate the character of an established neighbourhood, and who value more interior space than is typical. It’s ideal for someone who sees potential in a large yard or who prefers a home with a renovated basement ready for use, rather than as a project.
Section 2: Frequently Asked Questions
1. How does the age of the home factor in?
While built in 1967, it ranks as one of the newer homes on Flamingo Avenue. This suggests a neighbourhood of enduring appeal with well-maintained, mature properties. The renovated basement is a key update.
2. What does the lot size practically offer?
At 7,618 sqft, the lot is significantly larger than standard city lots. This allows for greater privacy, space for additions like a garage or workshop, extensive landscaping, or simply a larger backyard for family activities.
3. The assessed value is lower than some might expect. What does this indicate?
The assessed value is for municipal tax purposes and is not a market valuation. It is, however, competitive for the area and has risen since 2020. It often reflects a balance of the home's age and the high value of the land it sits on.
4. Who are the likely neighbours?
The listing shows nearby properties are very close together, typical of established streets. The high rankings for lot size and living area on this street suggest 11 Flamingo is one of the larger, more private properties in the immediate vicinity.
5. How does this property compare to the reference home provided (766 Sturgeon Road)?
The reference home is newer and has a higher assessed value but is on a standard lot and has less living space. This highlights a key trade-off: 11 Flamingo offers more interior square footage and a much larger yard, but in an older home, which is reflected in its different value proposition.