Property Overview & Key Characteristics
This one-storey home on Alfred Avenue presents a unique profile within Winnipeg's Burrows Central neighbourhood. Its key appeal lies in the combination of a very large lot and a modest, efficiently sized living space. At 2,284 sqft, the land area is notably spacious, ranking in the top 10% for the street, which offers significant outdoor potential or future expansion possibilities. The home itself is compact at 600 sqft, but features a renovated basement, adding functional living space. Built in 1909, it carries the character of its era but ranks as newer than most homes on its street and in Winnipeg overall, suggesting a well-maintained or updated structure for its age. The detached garage is a practical asset. With an assessed value significantly lower than many in the area, it represents an accessible entry point into homeownership. This property would suit a first-time buyer, an investor, or someone seeking a manageable footprint with the valuable advantage of a large yard, without the upkeep of a large house.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, legal compliance, and moisture control should be verified through a viewing and inspection.
2. How can the assessed value be so much lower than nearby properties?
Municipal assessments for tax purposes don't always equal market value. This lower assessment likely reflects the home's smaller size and age, but it can also indicate a potential property tax advantage compared to neighbours with similar market prices.
3. Is the 600 sqft living area workable for daily life?
The main floor living space is compact, emphasizing efficient use. The renovated basement is crucial for adding necessary room for storage, utilities, and potentially a second living area or bedroom, making the overall package more functional.
4. What are the implications of a 1909 build date?
While older, it ranks as newer than most on its street, which is positive. However, a thorough inspection is essential to understand the condition of foundational elements, plumbing, electrical systems, and the scope of any updates made over the years.
5. Who would this property not be suitable for?
It may not suit buyers who prioritize modern, open-concept layouts or require multiple main-floor bedrooms. The smaller interior size could be challenging for larger families or those who accumulate a lot of belongings, despite the large yard.