Property Overview
This two-storey home on Mulvey Avenue in Earl Grey presents a classic Winnipeg character home opportunity. Built in 1910, it offers 1,150 sqft of living space, which is quite typical for the area. Its key appeal lies in its established neighbourhood setting and its position as a home with clear, unrenovated potential. The basement exists but is noted as not renovated, and the property does not include a garage or pool. The lot is a compact 2,310 sqft.
This property would suit a specific type of buyer: someone looking for a character home project who values location over move-in-ready finishes. It's a candidate for a gradual, sweat-equity renovation. Given its below-average assessed value for the street and city, it may also attract investors or first-time buyers seeking an entry point into a desirable neighbourhood like Earl Grey, with the understanding that updates will be required. The charm and location are the draws, while the condition and smaller lot size represent the trade-off.
Frequently Asked Questions
1. What does "basement, not renovated" typically mean for a house of this age?
It usually indicates an original or largely untouched basement space. Buyers should anticipate a functional but dated area, likely with older flooring, lighting, and utilities. It's essential to budget for potential updates to moisture management, insulation, or foundational repairs common in century-old homes.
2. How does the smaller lot size impact living here?
The 2,310 sqft lot is below average for the area, meaning smaller outdoor private space. However, this can mean less yard maintenance. The appeal shifts to the neighbourhood itself—proximity to local schools, parks, and amenities—rather than extensive private grounds.
3. The assessed value is notably lower than the city average. Is this a concern?
Not necessarily. A lower assessment often reflects the home's unrenovated condition and smaller lot relative to the broader city. It can indicate a more affordable tax burden and highlight the opportunity to add value through thoughtful upgrades, which would be reflected in future assessments.
4. What are the considerations with a 1910 build?
Character comes with considerations. Prospective buyers should prioritize a thorough inspection focusing on the foundation, original wiring and plumbing, insulation, and the condition of the windows and roof. The charm of original details is balanced by the potential need for systemic updates.
5. There's no garage. What are the parking options?
The property has no garage, so parking is limited to on-street. It's advisable to check with the city regarding any permit requirements or restrictions on Mulvey Avenue and to observe parking availability at different times of day.