Property Overview
560 Warsaw Avenue is a two-storey home in Winnipeg's Earl Grey neighbourhood, built in 1907. With 1,650 sqft of living space, it offers significantly more room than most comparable homes in the immediate area and across the city. The property sits on a 3,496 sqft lot and features a basement that is noted as not being renovated. There is no garage or pool. Its assessed value is positioned around the average for the neighbourhood.
Section 1: Key Characteristics & Appeal
The primary appeal of this home lies in its spacious interior. Its living area ranks in the top 6% on its street and top 10% in Earl Grey, making it a notably larger-than-average home for the area. This is a key advantage for buyers needing room without moving to a newer suburban development. The lot size is fairly typical for the central neighbourhood.
Its character comes with trade-offs. The 1907 build date means it is among the older homes in the city, which often appeals to those seeking classic architecture and established streetscapes, but suggests potential for older systems and a need for updates—the unrenovated basement is a clear project space. The lack of a garage is common for homes of this era but is a consideration for vehicle storage.
This property would suit a buyer who values interior space and location over modern turn-key finishes. It’s a strong candidate for a growing family seeking a character home in a central neighbourhood, or for a handy owner who sees potential in personalizing a solid, spacious structure over time. It is less suited for those seeking a low-maintenance, modern property with all amenities in place.
Section 2: Frequently Asked Questions
Q: Is the home’s assessed value the same as its market value?
A: Not necessarily. The assessed value is for tax purposes. The last sale in 2022 was close to this assessment, but market conditions can change. A current market evaluation is recommended.
Q: What does "basement not renovated" typically imply?
A: It likely means the basement retains its original or very dated state. Buyers should budget for potential updates and anticipate an inspection to check the foundation, moisture control, and mechanical systems common in century-old homes.
Q: How does the lack of a garage affect daily life and resale?
A: On-street parking is the norm here. For some buyers, this is a minor trade-off for the neighbourhood. For others, it’s a significant inconvenience, especially in winter. It may appeal to those with fewer vehicles or who prioritize house space over garage space.
Q: The home is older than most. What should I be most concerned about?
A: Key focus areas include the age and condition of the roof, plumbing, wiring, and heating system. An inspection is crucial to understand the home’s condition and to plan for necessary updates or repairs that come with older properties.
Q: The living space is large for the area. Does that mean the rooms are laid out well?
A: Not always. Older homes can have compartmentalized room layouts versus modern open concepts. The square footage is a major asset, but viewing the property is essential to see if the flow and room sizes match your lifestyle needs.