751 Flora Avenue

Property Summary: 751 Flora Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home on Flora Avenue in the Dufferin neighbourhood is a classic Winnipeg character property built in 1907. Its key appeal lies in its established location and solid fundamentals. With 1,296 sqft of living space, it offers more room than many comparable homes on its street and in the immediate area. The home features a detached garage and a full, unrenovated basement, presenting a canvas for customization.

The property’s strength is its relative standing within its local context. While its lot size is modest compared to broader city averages, it is typical for the mature, central neighbourhood it resides in. The assessed value is squarely in line with area norms, suggesting a fairly priced entry point into the market. This home would suit a buyer who appreciates the charm and location of an older home and is either comfortable with its current state or sees potential in a basement that hasn't been recently updated. It’s a practical choice for someone looking for space and character in a central community without the premium of a newly built or fully renovated property.

Section 2: Frequently Asked Questions

1. How does this home compare to others in the area?
The data shows this home is competitively positioned within Dufferin. It has above-average living space for the neighbourhood while its assessed value and lot size are around the local average, indicating it’s a typical offering for the area rather than an outlier.

2. What does the sale history indicate?
The property sold recently in September 2023. The sale price achieved was in the top 20% for the street, suggesting strong buyer interest or desirable attributes not fully captured by the assessed value alone at that time.

3. Is the older year of build (1907) a concern?
While the home is older than the citywide average, it is actually quite typical for its historic neighbourhood. Many homes on Flora Avenue and in Dufferin date from this era. Buyers should prioritize a thorough inspection to understand the condition of major systems and the structure.

4. What are the implications of an unrenovated basement?
This presents both a consideration and an opportunity. It means the basement may require investment to modernize or finish it to your taste, but it also avoids the potential of having to undo someone else’s subpar renovation work. It’s a blank slate.

5. How should I interpret the lot size being "below average"?
This is important to view in context. The lot is smaller than newer suburban averages, but is standard for this central, established street. It offers manageable outdoor maintenance while still providing private yard space—a trade-off common for in-city living.