Property Overview
This two-storey home at 631 Mulvey Avenue in Winnipeg's Earl Grey neighbourhood presents a specific and appealing profile. Its key appeal lies in being a well-sized, modern home within a mature, established area. Built in 1991, it is a notably newer construction compared to most homes on its street and in the wider neighbourhood, which largely date back to the early 20th century. This suggests potentially fewer concerns with major aging infrastructure and a layout that meets contemporary expectations.
The living space is above average for the immediate area, offering comfortable room for a small family or couple. It features a renovated basement, adding valuable finished space. The lot, however, is compact, especially compared to city-wide averages. This translates to lower outdoor maintenance but less private yard space. The property lacks a garage, which is a consideration for vehicle storage.
This home would suit buyers seeking the character and stability of the Earl Grey area but with the practical benefits of a more modern build. It’s ideal for those who prioritize interior space and updated features over a large garden or garage. It may also appeal to value-conscious buyers, as its assessed value sits above average for the neighbourhood, potentially reflecting its newer condition and renovations.
Frequently Asked Questions
1. How does the age of this home compare to others in Earl Grey?
It is significantly newer. Built in 1991, it ranks in the top 5% for year built in the neighbourhood, where the average home was built around 1928.
2. Is the living space generous for the area?
Yes. At 1,304 sqft, the living area is above the average for both Mulvey Avenue and the Earl Grey neighbourhood as a whole.
3. What should I know about the outdoor space?
The land area is a compact 2,660 sqft. This is below average for the street and significantly smaller than the Winnipeg average. It means lower maintenance but also a smaller yard.
4. There's no garage. Is that typical here?
The listing notes no garage. Many older homes in the area may have detached garages or lane-way access, but this is a feature to confirm for this specific property and to factor into your planning.
5. The assessed value seems low compared to the last sale price. Why?
The assessed value is for municipal tax purposes ($36.40k) and is not a market valuation. The home sold for $33.80k in December 2022. Market value is determined by current conditions and buyer competition.