Property Overview: 909 Manitoba Avenue
Key Characteristics & Buyer Appeal
This is a modest, century-old home (built 1918) in Winnipeg's Burrows Central neighbourhood. Its key characteristic is its below-average land size (2,718 sqft) for the area, which positions it as a lower-maintenance property lot-wise. The living space is compact at 981 sqft, typical for homes of its era, and it features a one-and-a-half storey layout with an unrenovated basement and no garage.
The primary appeal lies in its affordability and value as a straightforward entry point into homeownership. With a very low assessed value and a last sale price of $15,700 in 2020, it represents one of the most accessible price points in the city. It suits practical, budget-conscious buyers such as first-time investors looking for a rental property with minimal upfront capital, or hands-on owner-occupants who see potential in a basic structure and are prepared for updates over time. A less obvious perspective is that its small, manageable lot and unrenovated state could be seen as a canvas for someone wanting to build a new, right-sized home without the premium cost of a larger, cleared lot.
Frequently Asked Questions
1. What does "below average" for land area mean practically?
The lot is smaller than most in the immediate area and across Winnipeg. This means less exterior maintenance and yard work, but also limited space for expansions, additions, or large outdoor amenities.
2. Is the unrenovated basement finished or usable?
The details specify the basement is "not renovated." Buyers should assume it is in original, likely unfinished condition, suitable for utilities and storage but requiring significant work to become living space.
3. Who might this property not suit?
It may not suit buyers seeking move-in-ready condition, those requiring ample storage (as there's no garage), or families needing more bedroom space than a 1.5-storey layout from 1918 typically provides.
4. How does the assessed value compare to the sale price?
The assessed value ($19,400) is higher than the 2020 sale price ($15,700). This doesn't dictate market value but indicates the city's valuation for tax purposes is relatively low, which can be a positive for ongoing property tax costs.
5. What should a potential buyer do next?
Given the age and condition, a thorough inspection is essential to understand the state of the foundation, roof, wiring, and plumbing. Also, researching any potential heritage considerations for a 1918 home and verifying zoning for future plans is advisable.