Property Overview
This well-situated one-storey home at 954 Manitoba Avenue presents a solid opportunity in Winnipeg's Burrows Central neighbourhood. Built in 1966, it sits on a generously sized lot of over 5,200 sq ft, which is notably larger than most in the immediate area. The home features 1,208 sq ft of living space and includes a renovated basement and a detached garage.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average land size and established, low-maintenance character. The lot size ranks in the top 10% for the street and top 9% for the neighbourhood, offering valuable outdoor space and potential that is becoming rarer in central areas. With a recently renovated basement, the home offers move-in-ready space without major immediate projects. Its assessed value is consistently higher than neighbourhood averages, suggesting it has been maintained or updated relative to nearby properties.
This home would suit practical buyers looking for value and space over luxury finishes. It's ideal for a first-time homeowner seeking a house with a large yard, an investor looking for a stable rental property with good land value, or someone wanting to live in a central location without the premium price tag of newer or trendier areas. The data indicates you are paying primarily for location and land here, with a functional home included—a classic Winnipeg value proposition.
Frequently Asked Questions
1. How does the lot size compare to a typical city lot?
At 5,275 sq ft, this lot is significantly larger than the Winnipeg average (approx. 6,570 sq ft is typical for a standard lot, but this is skewed by newer suburbs). For its established neighbourhood and street, this property's land area is in the top 10%, offering more private outdoor space than most comparable homes.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the quality of finishes, the status of moisture control, and whether it includes a legal secondary suite or is simply finished living space.
3. The assessed value seems low. Why is that?
The $29.4k assessed value is for taxation purposes only and is not an indicator of market value. It ranks above average for the neighbourhood. The home last sold for $270k in 2019, which is a more relevant figure for understanding its market price.
4. Is the neighbourhood improving or stable?
Sales data shows this property has maintained its value relative to its immediate area. The consistent above-average rankings for key metrics (land, living area, assessed value) within Burrows Central suggest it is one of the more substantial properties in a stable, established neighbourhood.
5. What are the main considerations for maintenance?
As a home built in the 1960s, a buyer should budget for updates to major aging systems. Key focuses would be the roof, original windows, and the heating system. The detached garage may also require attention. The renovated basement should be checked for proper permits and waterproofing.