Property Overview
This 2018-built bi-level home at 1967 Notre Dame Avenue in Brooklands presents a modern residence on a modestly sized lot. Its key appeal lies in its contemporary construction, offering a move-in-ready condition with a renovated basement, which is a notable advantage in a neighbourhood and on a street where most homes are decades older. The living space is practical and in line with local area averages, though smaller than the typical Winnipeg home. The property suits first-time buyers or practical downsizers seeking a newer, low-maintenance home without a premium lot size or garage. It also appeals to value-focused investors, given its strong assessed value ranking in the area and proven rental history, as evidenced by its 2021 sale. The standout perspective here is the trade-off: you gain a modern building envelope and systems (a rarity in this context) but on a smaller parcel of land than most neighbours.
Frequently Asked Questions
Is the home in good condition given it’s only 8 years old?
As a 2018 build, major components like the roof, siding, windows, and mechanical systems are relatively new and likely under warranty, significantly reducing near-term repair risks compared to the area's older housing stock.
How does the lot size impact the property?
The land area is below average for the street and neighbourhood. This means lower exterior maintenance but also limited space for expansions, large gardens, or outdoor amenities. It’s a efficient, lower-upkeep parcel.
The assessed value seems low compared to the last sale price. Why?
Municipal assessed value for tax purposes is not a direct indicator of market value. The 2021 sale at $330k is a more current reflection of its market worth. The strong assessed value ranking indicates it’s considered a higher-value property within its immediate local context.
What are the implications of not having a garage?
Parking will be limited to the driveway and street. This is a common feature in the area but means vehicles are exposed to the elements, and storage or workshop space must be found within the home or renovated basement.
Who typically buys in this area of Brooklands?
Brooklands attracts a mix of long-time residents, young families, and investors. This particular home, being newer, would be especially attractive to those prioritizing modern construction over the classic larger lots found on other streets, potentially offering a different community dynamic.