Property Overview
This one-storey home on Manitoba Avenue presents a specific and practical value proposition. Its key appeal lies in the combination of a very modern build for the area and a manageable lot size. Built in 2011, it is a notably newer construction compared to most homes on its street and in the Burrows Central neighbourhood, where the average home is from the 1930s or 40s. This suggests potentially lower immediate maintenance costs and more modern building systems. The living space is practical at just over 1,000 square feet, and the lot size is average for the local area, offering outdoor space without being overwhelming.
The property would suit a first-time buyer or an investor looking for a straightforward, newer-built home in a central Winnipeg neighbourhood. It’s also a sensible option for those who prefer the layout of a bungalow and want to avoid the renovation projects commonly associated with older area homes. A less obvious angle is its assessed value: while it is above average for its immediate vicinity, it is below the city-wide average, highlighting its positioning as an affordable entry point into a newer build.
Frequently Asked Questions
Q: How does the age of this home compare to others nearby?
A: It is significantly newer. Built in 2011, it ranks in the top 5% of homes on Manitoba Avenue and the top 4% in the Burrows Central neighbourhood for year built, where most comparable homes date back to the 1930s and 40s.
Q: Is the lot size large?
A: The land area is about 3,547 sqft, which is very close to the average for both the street and the broader neighbourhood. It is a standard city lot, not unusually large or small for the area.
Q: What is the condition of the basement?
A: The listing notes the basement exists but is "not renovated." Buyers should budget for potential finishing or updates to make it a fully livable space.
Q: How does the assessed value compare?
A: Its assessed value is above average for its street and neighbourhood, likely reflecting its newer construction. However, it remains below the average assessed value for the entire city of Winnipeg.
Q: Are there any recent sales for comparison?
A: The home itself last sold in January 2016. The provided comparable listings, such as on Magnus and Selkirk Avenues, are older homes with generally lower assessed values, underscoring how this property's newer build sets it apart in the local market.