Property Overview: 476 Stella Avenue, Winnipeg
Key Characteristics & Appeal
This is a classic two-storey home built in 1915, offering 1,319 sqft of living space with a renovated basement. Its key appeal lies in its established Dufferin neighbourhood setting and its efficient, above-average living area for both the street and local area. The home presents a grounded opportunity: it's not the newest or largest property, but it offers solid, renovated fundamentals in a mature community. The lot is modest at 3,677 sqft, which means lower maintenance but less private outdoor space.
This property would suit a first-time buyer or a practical downsizer looking for a character home without the extreme upkeep of a much larger lot or a more dated interior. It’s for someone who values the established feel of a century-old neighbourhood and a home that offers modern livability (thanks to the basement renovation) within a historically rich shell. The assessed value is modest compared to the city-wide average, which could indicate a more accessible entry point into the Winnipeg market.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,319 sqft, the living area is above average for both Stella Avenue and the wider Dufferin area, offering more interior space than many immediate comparables.
2. What should I know about a house built in 1915?
While the basement has been renovated, the core structure is over a century old. Prospective buyers should prioritize a thorough inspection to understand the condition of original elements like the foundation, wiring, and plumbing.
3. The land area seems smaller than average. Is that a concern?
The lot is below average for the street. This translates to less yard maintenance, which can be a positive for some, but also means limited potential for expansions like a large addition or garage.
4. How is the assessed value so much lower than the city-wide average?
The city-wide average is skewed by newer, larger homes in suburban developments. The assessed value here is very typical for the Dufferin area, reflecting the older housing stock and more modest lot size.
5. What is the neighbourhood like?
Dufferin is an established, central neighbourhood. The proximity of other homes from the same era (like the nearby 1902-built listing on Flora Avenue) suggests a streetscape with consistent, traditional character.