Property Overview: 1672 Manitoba Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, no-frills Winnipeg bungalow built in 1955, situated on a notably spacious lot. The home’s primary appeal lies in its land value and location fundamentals. With a living area just over 1,000 sqft, the house itself is compact and functional, but the nearly 4,800 sqft lot is well above average for both the street and the Burrows-Keewatin neighbourhood. This presents a clear opportunity for future expansion, a garden, or simply more private outdoor space than is typical in this price range.
The property suits practical, value-oriented buyers. It’s ideal for a first-time homeowner comfortable with a home that may require updates, an investor looking for a land-hold opportunity, or someone seeking affordability without sacrificing lot size. Its assessed and recent sale values are significantly below the Winnipeg city average, positioning it as an accessible entry point. A thoughtful perspective is that while the home ranks below average city-wide for size and value, it ranks above average within its own neighbourhood for lot size, suggesting it's a standout property on a local level.
Section 2: Frequently Asked Questions
1. What is the true highlight of this property?
Beyond the house itself, the standout feature is the land. The lot is in the top 24% for size on Manitoba Avenue, offering more space than most direct neighbours—a valuable asset for future use or renovation.
2. What type of condition or updates should I expect?
Given its age (1955) and value positioning, buyers should anticipate a home that is functional but likely requires modernization. Budgeting for updates to systems, finishes, or insulation would be prudent.
3. Is the detached garage included?
Yes, the listing specifies a detached garage, providing valuable additional storage or workshop space separate from the house.
4. How does the value here compare to the wider Winnipeg market?
The home’s assessed and sale value are in the bottom 10% city-wide, highlighting its affordability. You are paying primarily for location and land, not for a large or updated living space compared to the city average.
5. What is the potential here for the future?
The generous lot size is the key to its potential. It creates options such as a significant addition, building a garage suite (subject to zoning), or simply enjoying a larger yard—options often unavailable on standard-sized lots in this price bracket.