Property Overview: 810 Mountain Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1922 on a standard city lot in the Burrows Central neighbourhood. Its primary appeal lies in its renovated basement, which adds valuable functional space to the modest 790 sq ft main floor living area. The property includes a detached garage.
The home’s standout feature is its land value and assessment context. While the living space is smaller than most, the lot size is above average for the neighbourhood. The assessed value is consistent with nearby homes, suggesting a stable, no-surprises entry point into the market. It recently sold for a price slightly above its assessment, indicating solid buyer interest at that level.
This property would best suit a first-time buyer, an investor, or someone looking to minimize their footprint without sacrificing yard space. It’s a practical choice for those who value a renovated lower level and a manageable lot over a large main floor, offering a chance to own in Winnipeg without a premium price tag. Its average rankings on the street and in the area for key metrics suggest it’s a typical, grounded option in its immediate community.
Frequently Asked Questions
1. Is the renovated basement a legal suite?
The details provided state the basement is renovated but do not specify if it’s a legal, rentable suite. A buyer would need to verify its status and compliance with local regulations.
2. How does the low assessed value compare to the sale price?
The home sold for $22.5k, which is close to its $20.7k assessed value. This alignment suggests the sale was in line with municipal valuation, not at a speculative premium, which can indicate a fair market transaction.
3. What does "above average for the neighbourhood" in land area mean practically?
While the 3,626 sq ft lot is below the city-wide average, it ranks in the top 28% within Burrows Central. This means you get more outdoor space than many lots in the area, a relative advantage for gardening, storage, or future expansion.
4. Given the home's age, what should I be prepared for?
Built in 1922, major systems like plumbing, electrical, and the foundation may have been updated over time. A thorough inspection is essential to understand the condition of these older components and the quality of the basement renovation.
5. Why is the living area so much smaller than average?
At 790 sq ft, the main floor living space is compact, even for its era. This emphasizes the importance of the renovated basement as crucial additional living space. The floor plan likely prioritizes efficient use of a smaller footprint.