Property Overview: 130 Cavell Drive, Bruce Park, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home built in 1939 on a standard-sized lot in Bruce Park. Its key features include a renovated basement and a detached garage. The home’s primary appeal lies in its efficiency and location. With 907 sqft of living space, it offers a manageable layout that minimizes upkeep and utility costs, suiting those looking to right-size or enter a stable neighbourhood without a large footprint.
The data reveals some thoughtful perspectives. While the house itself is smaller than most in the area, its lot size is also modest, suggesting a balanced property scale rather than an underutilized large yard. Notably, its assessed value ranks above average for its immediate street, indicating it may be well-maintained relative to its closest peers. This property would best suit first-time buyers, downsizers, or pragmatic investors seeking a low-maintenance home in an established neighbourhood. Its value proposition is rooted in practicality and location over sheer size.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 907 sqft, it is notably smaller than the neighbourhood average. This makes it ideal for individuals, couples, or those who prioritize efficient living and lower maintenance, but may feel cramped for a growing family.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent, as it could range from updated finishes to added living space.
3. How does the assessed value compare to the last sale price?
The home was last sold in August 2021 for $310,000, while its current assessed value is $29,900. This massive discrepancy is because the assessed value shown is likely only for the land portion for tax purposes, not the total property market value. Always verify with a real estate professional.
4. Is the older age of the home (1939) a concern?
The home is older, but its build year is actually above average for its specific street, meaning many neighbouring houses are older. This suggests an established, character area. A thorough inspection is essential to understand the condition of major systems like plumbing, wiring, and the foundation.
5. What are the advantages of a smaller lot?
The 3,985 sqft lot is below the city average but typical for the street. This means less yard work and lower outdoor maintenance, which can be a significant advantage for buyers seeking a simpler lifestyle or who have limited time for upkeep.