Property Overview
839 Flora Avenue is a one-and-three-quarter storey home built in 1906, offering 1,084 square feet of living space on a 2,893 sqft lot in Winnipeg's Dufferin neighbourhood. Its key appeal lies in its position as a quintessential, no-frills character home that presents a clear value proposition within its immediate area. The home has a basement but it is not renovated, and there is no garage or pool. It last sold in January 2021 for $9,900.
This property suits first-time buyers or practical investors seeking an entry point into the market with a historically stable, low-assessment base. Its value is contextual: while its assessed value (~$11.4k) and living space are around average for Flora Avenue and Dufferin, they are significantly below Winnipeg-wide averages, highlighting the neighbourhood-specific affordability. The lot is smaller than many in the city, but typical for the street. The charm is in its simplicity and potential, not in modern finishes or ample square footage. It’s a home for someone comfortable with a project, who values location and character over size, and sees opportunity in a property that is unassuming but firmly placed within its community's norms.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Property assessments are relative. While this home's value is typical for Flora Avenue and the Dufferin area, it sits well below the Winnipeg average because it reflects the specific market conditions and home values of its established, central neighbourhood.
2. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has slightly less than full ceiling height under the sloped roof eaves, often creating cozy bedrooms with character, but may limit furniture placement.
3. Is the smaller lot size a major drawback?
For this type of home, the lot size is fairly standard for the street. It offers manageable outdoor space with lower maintenance, which can be an advantage for busy owners or those not wanting extensive yard work.
4. The home is over 100 years old. What should I be most concerned about?
While charm is a given, key focus areas for a home built in 1906 would be the condition of major systems: foundation, wiring, plumbing, and roof. The unrenovated basement also warrants a close inspection for moisture and structural integrity.
5. Who would this property not suit?
It would not suit buyers looking for a turn-key, modernized home with ample storage (no garage) and large, open living spaces. It’s also less ideal for those needing significant room to grow, as both the living area and lot are modest by broader city standards.