Property Overview & Key Characteristics
This 2019-built bi-level home at 1812 Midmar Avenue in Winnipeg's Brooklands neighbourhood presents a modern, low-maintenance living opportunity. Its primary appeal lies in its relative newness, being one of the newest homes on its street and in the top tier for year-built citywide. This translates to fewer immediate repair concerns and modern building standards. The property features a detached garage and an unrenovated basement, offering functional space and potential for future customization.
The home suits first-time buyers or downsizers seeking a newer construction home without a premium price tag, as well as pragmatic investors looking for a modern rental property. A thoughtful perspective is that while the living space (949 sq ft) is compact, it is actually average or above for its immediate area, suggesting it's well-sized for the community. The lot is smaller than most in Winnipeg, which minimizes yard work but also limits expansive outdoor projects. Its assessed value is strong for the street and neighbourhood, indicating it is viewed favorably compared to its local peers, even if it's average citywide.
Frequently Asked Questions
1. Is the house in move-in condition?
Given it was built in 2019, the core structure and systems are modern and likely in good repair. The basement is noted as "not renovated," so while livable, it may be unfinished or in a basic state, representing a project opportunity.
2. Who would this property best suit?
It's an ideal fit for first-time homeowners wanting a newer build to avoid older-home maintenance, or for downsizers looking for a manageable, modern space. The smaller lot and efficient layout support a low-maintenance lifestyle.
3. How does the lot size impact the property?
The land area is significantly below the Winnipeg average. This is a key consideration: it means minimal yard upkeep, but also limited space for additions, large decks, or extensive gardening. For the right buyer, this is a feature, not a drawback.
4. Why is the assessed value higher than the last sale price?
The home last sold for $32.3k in 2019, likely prior to or just upon completion. The current $310k assessment reflects its value as a completed, modern home in today's market, not a direct comparison to its pre-construction price.
5. What does the "above average" assessed value for the street mean?
This indicates that, compared to its immediate neighbours (who mostly own older homes), this property is assessed at a higher value. This often reflects the premium for its newer construction and can be a positive for resale within the local context.