Property Overview: 604 Warsaw Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic one-and-a-half storey character property built in 1905, situated on a standard city lot in the established Earl Grey neighbourhood. Its key appeal lies in its position as an affordable entry point into a desirable area. With 820 square feet of living space and an unrenovated basement, it is notably compact and requires modernization, making it a project-oriented home.
The property suits first-time buyers, investors, or renovators looking for a lower-cost footprint in a central location. Its below-average assessed value and recent sale price reflect its "as-is" condition. A thoughtful perspective for the right buyer is the opportunity to thoughtfully update a historic home without the premium price of a move-in-ready property, while the lot size offers standard potential for outdoor space or future expansion relative to the street and area.
Section 2: Frequently Asked Questions
1. What does "below average" for living area and assessed value mean in context?
The home's square footage and official assessed value are statistically below the averages for comparable homes on its street, in Earl Grey, and across Winnipeg. This typically indicates a smaller and/or less updated property, which is reflected in its pricing.
2. Is the basement finished or usable?
The listing specifies the basement exists but is "not renovated." Buyers should anticipate an unfinished space that may require significant work to modernize and finish.
3. What are the implications of the home's age (1905)?
While offering character, a home of this age likely requires careful inspection for updates to foundational systems like wiring, plumbing, and insulation. Its historic nature may also influence renovation plans and costs.
4. Are there any garage or parking facilities?
The listing explicitly states "Garage: None." Parking is likely limited to on-street or a potential rear driveway, which should be verified.
5. How does the lot size compare?
At just under 3,500 sq. ft., the land area is around the average for Warsaw Avenue and Earl Grey but is below the city-wide average. It is a standard urban lot for the neighbourhood.