Property Overview: 1689 Selkirk Avenue
Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1958, offering a practical and straightforward living space. Its primary appeal lies in its balance of a recently renovated basement and a lot size that is notably larger than many others on the same street. With 915 sqft of living area, the house itself is compact and efficient, suitable for those who prefer minimal upkeep.
The property stands out for its context. The land parcel of 4,195 sqft is in the top 29% for size on Selkirk Avenue, offering above-average outdoor space for the immediate area—a valuable asset for gardening, expansion, or simply more privacy. The home’s assessed value and recent sale price also rank above average for both the street and the broader Burrows-Keewatin neighbourhood, suggesting it is perceived as a solid asset within its community.
This home would suit first-time buyers or downsizers looking for an affordable entry into the market with a manageable footprint. It’s also a sensible choice for an investor or land-value buyer who recognizes the potential in a larger, urban lot with a functional existing structure. The renovated basement adds flexible living or rental space, broadening its utility.
Frequently Asked Questions
1. Is the larger lot size a significant advantage?
Yes, especially for the location. The lot is substantially larger than the average for Selkirk Avenue, which is rare for older neighbourhoods. This provides more yard space and potential for future projects like an addition, garage, or landscaped garden, compared to neighbouring properties.
2. The living area is modest. How is the layout?
While the 915 sqft main floor is compact, the key feature is the renovated basement. This effectively doubles the usable living space, allowing the main floor to function as essential living areas (kitchen, living room, bedrooms) while the basement can serve as a family room, home office, or separate suite.
3. How does the property’s value compare?
The home’s assessed value and recent sale price are above average for its specific street and local neighbourhood. This indicates it is considered a higher-quality property within its immediate peer group, though it remains well below the city-wide average price, highlighting its affordability in the broader Winnipeg market.
4. What is the neighbourhood like?
Located in Burrows-Keewatin, this is an established, no-frills community. The above-average rankings for the property within the area suggest it is on a street or pocket that is perceived as more desirable compared to other parts of the neighbourhood.
5. What are the less obvious points to consider?
Two factors stand out. First, the home was built in 1958, making it notably newer than many on its street (top 17%), which may mean fewer issues with very old plumbing or electrical foundations. Second, the detached garage is a practical asset in a neighbourhood where this isn’t always guaranteed, providing secure storage or workshop space.