Property Overview
This 1,190 sqft, two-and-a-half storey home on Mulvey Avenue in Earl Grey presents a classic Winnipeg character property built in 1910. Its key appeal lies in its established, central neighbourhood and a living space size that is squarely average for the area, offering a manageable footprint. The assessed value of $300k is moderate for the street and neighbourhood, suggesting a potentially accessible entry point into the market. The lot is notably compact at 2,307 sqft, which means minimal yard maintenance but also limited outdoor private space.
This home would suit a buyer looking for a character-filled house without an overwhelming amount of square footage to maintain, possibly a first-time buyer or a downsizer seeking a central location. Its appeal is grounded in practicality and location rather than luxury features, as it lacks a garage, pool, and a renovated basement. A thoughtful buyer might see the compact lot and unrenovated basement not just as limitations, but as opportunities to avoid the high costs and labour of extensive landscaping or to customize the lower level to their specific needs without first undoing someone else’s renovations.
Frequently Asked Questions
1. Is the $300k assessed value a reliable indicator of the likely selling price?
While assessed value is for municipal tax purposes and not an appraisal, it provides a benchmark. Here, it’s around average for Earl Grey, suggesting the home is priced within the core of the neighbourhood market, but the final sale price will depend on current market conditions, the home’s interior condition, and buyer demand.
2. What are the implications of such a small lot size?
The 2,307 sqft lot is significantly smaller than most in the city and even on the street. This translates to very low yard maintenance, which is a plus for those seeking a lock-and-leave lifestyle or who prioritize indoor space. The trade-off is minimal private outdoor space for gardening, play, or entertaining.
3. The home is older than most (built 1910). What should I consider?
Character and solid construction are potential benefits, but priority checks should include the age and condition of major systems like the roof, plumbing, wiring, and foundation. An older home like this may have higher maintenance costs and could benefit from energy efficiency upgrades.
4. The basement is noted as "not renovated." What does this mean?
Typically, this indicates the basement is in a functional, utilitarian state—likely with concrete floors, exposed beams, and basic finishes. While it may not be a finished living space, it often provides valuable storage, laundry area, and mechanical systems. It represents potential for future customization.
5. There’s no garage. What are parking options?
The property likely relies on on-street parking. It’s important to check with the city regarding any residential parking permit requirements or restrictions on Mulvey Avenue, and to observe parking availability during different times of day.