Property Overview: 638 Warsaw Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic two-and-a-half storey character property built in 1912, located in the established Earl Grey neighbourhood. Its primary appeal lies in its generous above-average living space (1,501 sq ft) compared to most homes on its street and in the area, offering more room than many similarly priced character homes. The lot is modest for the neighbourhood, which can mean less yard maintenance. The assessed value is consistently around the average for its immediate context, suggesting it is priced in line with local expectations.
This property would suit a buyer who values space and character over modern renovations, as the basement is noted as not being renovated. It’s a practical choice for someone seeking a home with good bones in a central neighbourhood, who is either comfortable with a home’s vintage nature or is planning gradual updates. The lack of a garage and pool points to a simpler, lower-maintenance lifestyle, appealing to those who prioritize indoor living space and location over ancillary features.
Section 2: Frequently Asked Questions
1. What does "above average" for living area actually mean?
It means this home offers more interior space than most comparable homes in its immediate area. Specifically, it ranks in the top 16% on its own street and the top 18% in the Earl Grey neighbourhood for square footage.
2. Is the low assessed value a concern?
Not necessarily. The assessed value is very close to the average for Warsaw Avenue and Earl Grey, indicating it is typical for the location. The sale price can differ based on market conditions, renovations, and buyer demand.
3. What are the implications of a 1912 build date?
It confirms the home is a true character property with the charm and solid construction of its era. Buyers should budget for potential updates to older mechanical systems, windows, or insulation, and consider a thorough inspection to understand the home’s condition.
4. The land area is noted as "below average." How significant is this?
The lot is smaller than many on Warsaw Avenue, but is around average for the wider Earl Grey area. This typically translates to less outdoor maintenance, which can be an advantage, but may limit expansion possibilities or private outdoor space.
5. How does the last sale price (2019) relate to today's value?
The 2019 sale price is a historical data point. Current value is determined by the present market, any changes made to the property since then, and updated assessed values. It serves as a reference, not a current valuation.