Property Overview & Key Characteristics
This one-storey home on William Avenue West in Brooklands presents a straightforward opportunity centered on its land and location. The 3,905 sqft lot is a key asset, offering above-average outdoor space for the immediate area and providing room for gardening, expansion, or future development. The house itself is modest, with 684 sqft of living space, and features a detached garage and an unrenovated basement. Built in 1950, it sits on a street where homes are generally older, meaning it fits right into the established neighborhood character.
Its primary appeal lies in its value as a land play or a manageable, entry-level property. It suits a specific type of buyer: a first-time purchaser comfortable with a home that may require updates, an investor looking for a lot with redevelopment potential in a stable area, or someone seeking a lower-maintenance footprint with the benefit of a sizable yard. A less obvious perspective is that its very modest assessed value suggests a lower property tax burden, which can be a significant long-term advantage for budget-conscious owners.
Frequently Asked Questions
1. Is the basement finished or usable in its current state?
No, the basement is noted as "not renovated." Buyers should budget for any desired improvements and consider a thorough inspection to assess its condition and potential.
2. How does the lot size compare to others nearby?
At 3,905 sqft, the lot is larger than many in the Brooklands area and is above the average for the immediate street. This is one of the property's standout features.
3. The living area seems small. How does it compare to neighborhood homes?
The 684 sqft living area is below average for both the street and the wider Brooklands neighborhood. This confirms the property is best suited for those comfortable with a compact layout or who view the house as a candidate for expansion.
4. What does the assessed value tell us about the property?
The assessed value is significantly below the Winnipeg city average, aligning with older, more modest homes in the area. It's important to note that assessed value is for municipal taxation and does not directly predict market sale price.
5. Are homes on this street typically older or newer?
This home, built in 1950, is actually newer than the average house on William Avenue West. The street is characterized by older housing stock, so this property is consistent with the area's established feel.