Property Overview: 930 Manitoba Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1912, presents a classic Winnipeg character home with practical potential. Its key appeal lies in a combination of above-average interior space and a manageable lot size for the central Burrows neighbourhood. With 1,342 sqft of living area, the home is notably larger than many comparable houses on the same street and in the wider area, offering more room than its exterior might suggest.
The property sits on a 3,547 sqft lot, which is typical for the immediate area—large enough for outdoor space but without the maintenance demands of a much larger yard. It features a detached garage and an unrenovated basement, indicating a canvas for future customization. The home’s assessed value is consistently modest, historically selling well below the city-wide average, which points to its role as an accessible entry point into the market.
This home would best suit a value-conscious buyer, such as a first-time homeowner or an investor, who is comfortable with a property that has historic character and may require updates over time. Its appeal is grounded in practicality: you are paying primarily for solid interior space in a central location, not for premium finishes or a sprawling lot. It’s a property where the value is in the existing structure and its potential, rather than in recent luxury renovations.
Section 2: Frequently Asked Questions
1. What does "above average living area" mean in this context?
While the home was built in 1912, its 1,342 sqft of living space is significantly larger than many neighbouring homes. In Burrows Central, it ranks in the top 7% for size among comparable properties, meaning it offers more interior room than most in the immediate area.
2. Why is the assessed value so much lower than the Winnipeg city-wide average?
The assessed value reflects the local market in Burrows Central, not the city-wide average which includes newer suburbs and higher-value areas. Here, values are consistently lower. This property’s assessment is actually above average for its specific neighbourhood, indicating it’s valued fairly within its own market context.
3. Is the older year of construction (1912) a concern?
It indicates the home will have the character and construction methods of its era. While it ranks as older than most homes in the city, it is typical for the street and neighbourhood. Buyers should anticipate the need for thorough inspections and potential updates to mechanical systems or insulation, balanced by the charm and durability of older builds.
4. What can I infer from the unrenovated basement?
It is a functional space but requires finishing work. This should be seen as a project opportunity to add value and customize the home to your needs, rather than as a move-in-ready living area. It also allows for a clear inspection of the home’s foundation and structure.
5. How does the lot size impact the property's use?
At 3,547 sqft, the lot is very standard for the street—neither particularly large nor small for the area. It provides adequate outdoor space for gardening or recreation without being burdensome to maintain. Its "around average" ranking locally means it aligns with neighbourhood norms, not standing out as an expansive or a tightly packed parcel.