Property Overview & Key Characteristics
780 Flora Avenue is a two-storey home in Winnipeg's Dufferin neighbourhood, built in 1913. Its key appeal lies in offering above-average interior space for its immediate area, with 1,313 sqft of living area ranking in the top quarter of similar homes on its street and in Dufferin. The property sits on a 3,682 sqft lot, which is typical for the locale. It features a basement, but it is noted as not being renovated, and the property has no garage or pool.
This home suits practical, value-oriented buyers. It would appeal to those seeking a character home with solid space in a central neighbourhood, who are comfortable with a house of this vintage and the maintenance or gradual updates that may entail. Its assessed value is very modest compared to the city-wide average, which could attract investors or first-time buyers focused on affordability and land value within the established urban fabric. A less obvious perspective is that, while older, its construction date is actually around the neighbourhood average, meaning it fits the historic character of the area and may not stand out as a particular restoration project among its peers.
Frequently Asked Questions
1. What does "above average" for living area actually mean?
In direct comparison to similar homes on Flora Avenue and in the Dufferin neighbourhood, this house offers more interior space than roughly 75% of its peers. This is its standout metric in an otherwise typically-ranked local profile.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on municipal valuation for tax purposes and is heavily influenced by the home's age, condition, and the local market. The dramatic difference from the city-wide average highlights that property values in central, older neighbourhoods like Dufferin operate on a different scale than newer suburban areas.
3. What should I consider about a 1913-built home?
While common for the area, a home of this age will likely have outdated mechanical systems (like plumbing and wiring) unless they have been documented as upgraded. The unrenovated basement also suggests potential moisture management or foundational considerations that should be professionally inspected.
4. How does the lack of a garage impact daily living?
This is a standard feature for many homes in older Winnipeg neighbourhoods. Buyers should plan for street parking and consider the logistics of winter, as well as where to store tools, bicycles, and other items typically kept in a garage.
5. The home last sold in 2017; what does that indicate?
A sale seven years ago suggests a period of stable ownership. It doesn't inherently indicate positive or negative issues, but it does mean the current market price will be determined by conditions very different from those in 2017, requiring a fresh comparative market analysis.