Property Overview
This 2017-built bi-level home at 1808 Midmar Avenue in Winnipeg's Brooklands neighbourhood offers a modern, low-maintenance living option on a modestly sized lot. Its key appeal lies in its relative newness compared to most area homes, featuring a renovated basement and a practical layout with approximately 932 sqft of living space. The property suits first-time buyers seeking a move-in-ready home without the concerns of an older structure, or investors looking for a modern rental property with recent updates. A thoughtful perspective is that while the lot size is smaller than many in the city, this translates to less yard upkeep and a focused, efficient living environment. Its above-average assessed value for the immediate area suggests it is viewed as a updated asset in a neighbourhood of predominantly older homes.
Key Details & FAQs
Key Characteristics & Appeal
- Modern & Updated: Built in 2017, this is a notably newer home compared to the neighbourhood and city averages, likely requiring fewer major repairs. It includes a renovated basement.
- Efficient & Manageable: The bi-level design and modest lot size (2,252 sqft) offer a practical, low-maintenance lifestyle, ideal for those who prefer not to dedicate time to extensive yard work or upkeep of a larger home.
- Target Buyer: Perfect for first-time homebuyers or downsizers wanting a contemporary, worry-free property. It also presents a solid opportunity for investors seeking a relatively new build with rental appeal in a stable area.
Frequently Asked Questions
1. How does the lot size compare to others?
The land area is smaller than most properties in Brooklands and across Winnipeg. This is a trade-off for less maintenance, but it's important to note for buyers who prioritize outdoor space.
2. Why is the assessed value higher than many neighbours?
The assessed value is above average for both the street and Brooklands, primarily reflecting the home's modern build year (2017) and renovated condition compared to the area's typically older housing stock.
3. Is the living space smaller than average?
The living area is approximately average for the immediate area and street, but below the city-wide average. It provides efficient use of space across its bi-level layout.
4. What does "Top X%" mean in the context of Year Built?
Rankings like "Top 6%" for year built mean this home is newer than 94% of comparable properties on its street, highlighting its standout modern condition in a historic neighbourhood.
5. Was the last sale price typical?
The home sold for $27,500 in November 2017, which was above average for the street and neighbourhood at that time, consistent with the premium for a newly built property.