Property Overview: 652 Mulvey Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Earl Grey offers a blend of classic charm and modern updates within a desirable, established neighborhood. Its key characteristic is a well-proportioned living space of 1,344 sqft, which ranks above average for both the immediate street and the Earl Grey area, suggesting a comfortable and efficient layout. The home features a renovated basement and a detached garage. Built in 1914, it carries the character of its era but is positioned as an average vintage for its sought-after locale.
The primary appeal lies in its location and smart use of space. While the land parcel is compact, this often translates to lower maintenance, making it ideal for busy professionals, small families, or downsizers who prioritize neighborhood over yard work. The home’s above-average living area ranking in a prime area indicates you get more interior space here than in many comparable local properties—a thoughtful perspective for buyers valuing room over land. It suits a buyer looking for a move-in-ready character home in a central community, who appreciates the practical benefits of a recent basement renovation and the stability of an area with consistent property values.
Section 2: Frequently Asked Questions
1. Is the property tax bill based on the $34,500 assessed value?
No, the $34,500 figure is a relative assessment metric used for comparison. The actual municipal assessed value for taxation is likely significantly higher, as suggested by the city-wide comparison to an average of $390k. Always consult the official tax statement.
2. How does the smaller lot size impact daily living?
The lot is compact, ranking below average in size. This means less exterior maintenance and gardening, which can be a benefit for those seeking a low-upkeep property. However, it may limit potential for large additions or extensive outdoor recreation space.
3. The home was built in 1914. What should I be aware of?
While the basement has been renovated, a home of this age may still have original components like plumbing, electrical, or windows that require inspection. Its vintage is typical for Earl Grey, so many neighbors have undertaken similar updates, providing a good support network for renovations.
4. How does this home’s value compare to the area?
The data shows its assessed value is above average for Earl Grey specifically, suggesting it is positioned well within this premium neighborhood. Its last sale in 2020 at $340k was also above the area average at that time, indicating a history of strong local valuation.
5. What is the significance of the "above average" living area ranking?
This means that for both Mulvey Avenue and the wider Earl Grey area, this home offers more square footage than most comparable properties. In a neighborhood of older homes, this is a notable advantage, providing more functional space without necessarily commanding a top-tier price based on the other metrics.