Property Overview
This one-and-a-half storey home on Mulvey Avenue in Earl Grey presents a classic Winnipeg character property with practical updates. Its key appeal lies in its balanced, established nature. At 1,124 sqft with a renovated basement, it offers functional space for a smaller household. The detached garage and a 3,496 sqft lot provide valuable outdoor and storage space typical of the neighbourhood. Statistically, the home sits comfortably around the average for its street and area in terms of size, value, and lot dimensions, indicating it’s a representative fit for Earl Grey rather than an outlier.
The home would suit first-time buyers or downsizers looking for a manageable, character-filled property in a central, mature neighbourhood without the premium of a newer or extensively renovated home. Its below-average citywide assessed value suggests a potentially accessible entry point into the market. A thoughtful perspective is that a 1927 build offers the charm of established communities and landscaping, but buyers should budget for the maintenance and updates expected of a century-old home. The appeal is grounded in authenticity and location over modern luxury.
Frequently Asked Questions
How does this home’s value compare to others?
Its assessed value is around average for Mulvey Avenue and the Earl Grey area, but sits below the citywide average. This suggests it may offer relative value within a desirable established neighbourhood.
What should I know about the home’s age?
Built in 1927, the home is older than most in the city. While it has a renovated basement, prospective buyers should consider a thorough inspection to understand the condition of major aging components like the roof, plumbing, and wiring.
Is the lot size typical?
Yes. The lot is just under 3,500 sqft, which is standard for the local area. It provides a good backyard space but is smaller than the larger lots found in some suburban parts of the city.
What does the “one-and-a-half storey” design mean?
This classic Winnipeg design typically features main-floor living areas and a second floor with sloped ceilings under the roofline, often housing cozy bedrooms. It maximizes space efficiently but can feel more compartmentalized than an open-concept modern layout.
The home sold in 2019. What does that indicate?
The sale five years ago provides a recent market price benchmark. Comparing that price to the current assessed value and any potential listing price can help gauge how local values have shifted.