Property Overview & Appeal
This one-and-a-half storey home on Redwood Avenue is a practical entry point into Winnipeg’s Burrows Central neighbourhood. Built in 1946, its key characteristics include a 980 sqft living area, a 2,694 sqft lot, and a detached garage. The basement exists but is noted as not renovated. The home’s primary appeal lies in its value and lot potential. With an assessed value significantly above average for its immediate street and area, it represents a stable, established holding in a neighbourhood of similar vintage homes. The lot size, while below the city average, is typical for the area and offers manageable outdoor space.
This property would suit a first-time buyer, an investor, or a hands-on individual looking for a straightforward home without premium prices for extensive renovations or amenities. It’s a “what you see is what you get” proposition. A less obvious perspective is that its older construction date (1946) is actually an advantage on its street, ranking in the top 30% for being newer than many neighbours, which may suggest somewhat updated infrastructure compared to immediate comparables. Its appeal is grounded in practicality, not luxury.
Frequently Asked Questions
1. Is the basement finished or usable for storage?
The listing specifies the basement is "not renovated." It is present and likely usable for utilities and basic storage, but it should not be expected as finished living space.
2. How does the assessed value compare to nearby homes?
The assessed value of $19,800 is above the average for Redwood Avenue and around average for the broader Burrows Central area, indicating the property is in line with or valued slightly higher than its direct peers.
3. What is the significance of the lot size rankings?
The lot is 2,694 sqft, which is below the Winnipeg city average but typical for its neighbourhood. Rankings show it is larger than about 78% of lots on Redwood Avenue, meaning it is actually on the larger side for its specific street.
4. What type of maintenance should be expected given the home's age?
Built in 1946, prospective buyers should budget for ongoing maintenance consistent with an 80-year-old home. This includes attention to original components like plumbing, electrical, and the roof, though its newer age relative to many neighbours could be a positive factor.
5. Are there any recent sales history details for this property?
The data shows the home was previously sold in November 2019 for $16,900. This provides a recent benchmark, though market conditions and any changes to the property since then must be considered.