Property Overview: 1894 Elgin Avenue W, Brooklands
Key Characteristics & Appeal
This is a modest, one-storey home in Winnipeg's Brooklands neighbourhood, built in 2018. Its primary appeal lies in its combination of new construction and a substantial, above-average lot size for the area. With 1,129 sqft of living space and a full (though unrenovated) basement, it offers functional space on a quiet street.
The standout feature is the land itself. At nearly 3,900 sqft, the lot is significantly larger than most in Brooklands and on Elgin Avenue W, ranking in the top 28% locally. This presents a clear opportunity for expansion, gardening, or outdoor living that is rare for a newer home in this area. The 2018 build date means major systems like roofing, plumbing, and wiring are modern and should be worry-free for years, a notable contrast to many older homes in the vicinity.
This property would suit a pragmatic first-time buyer, an investor, or someone looking for a low-maintenance, modern footprint with "blank canvas" potential. The unrenovated basement and lack of a garage are not drawbacks for buyers who value the chance to customize or who prioritize the lot size and newer build over finished amenities. It’s a home that offers future potential more than immediate luxury.
Frequently Asked Questions
1. Why is the assessed value so much lower than typical city homes?
The assessed value reflects the property's characteristics relative to its immediate area and is not a direct market price. In Brooklands, this home's assessment is actually above average. The lower absolute figure compared to the city-wide average is due to neighbourhood pricing dynamics.
2. What does "basement, not renovated" mean?
It indicates the below-ground space is unfinished. It has the essential structure and likely includes foundational elements like the furnace and electrical panel, but the walls, floors, and ceiling are in a basic state, awaiting drywall, flooring, and design finishes.
3. How does the 2018 build date compare to the neighbourhood?
It's exceptionally new. The home ranks in the top 7% for year built in Brooklands, where the average home was built in 1964. This is a key advantage, suggesting modern building standards, energy efficiency, and minimal immediate repair needs.
4. Is the lot size a significant advantage?
Yes. The lot is over 25% larger than the average for both the street and the Brooklands area. This extra outdoor space is a valuable and uncommon asset, offering more privacy, room for additions like a deck or garage, and general flexibility.
5. What is the context of the last sale price from 2019?
That sale price reflects the property's value five years ago, likely near or just after its construction. It is provided for historical context but should not be considered an indicator of current market value, which is influenced by today's market conditions, interest rates, and comparable recent sales.