Property Overview: 696 Warsaw Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1910, is a classic character property in the established Earl Grey neighbourhood. With 1,040 sqft of living space, it sits comfortably within the average range for the area, offering a manageable footprint. The home features a basement, though it is noted as not renovated, and does not include a garage or pool. Its assessed value is consistent with area norms.
The primary appeal lies in its location and potential. Situated on a mature street, it offers the charm and solid construction of a century-old home, often accompanied by architectural details not found in newer builds. The lot size, while below average for the street itself, is typical for Earl Grey, suggesting a low-maintenance yard. This property would suit a first-time buyer or an investor looking for an entry point into a desirable neighbourhood. It’s a home for someone comfortable with a property that has history and may require updates, valuing location and character over modern turn-key finishes. A thoughtful perspective is that its "average" metrics across the board can be a strength—it represents a genuine, unexaggerated opportunity in a stable market context without the premium of a fully renovated or oversized property.
Section 2: Frequently Asked Questions
1. What does "basement, not renovated" typically imply?
It means the basement is unfinished or partially finished in an older style. Buyers should budget for potential updates and anticipate a pre-purchase inspection to assess the foundation, moisture levels, and mechanical systems.
2. How does the 1910 build year affect the home?
While offering character, it necessitates a thorough inspection for era-specific items like knob-and-tube wiring, original plumbing, and insulation. The home has stood for over a century, speaking to its durability, but modernizing these core systems is a common consideration.
3. Is the lack of a garage a significant drawback?
This depends on lifestyle. Many older homes in central neighbourhoods rely on street parking. Buyers should check local parking regulations and consider their personal need for vehicle storage versus the walkability benefits of the location.
4. The home last sold in 2019. What should I consider?
The 2019 sale price provides a recent market anchor, but the current assessed and potential listing prices will reflect market changes since then. It’s useful for understanding the owner’s purchase timeline but may not directly indicate current value.
5. The lot is smaller than others on Warsaw Avenue. Is that a concern?
While the lot is smaller than some direct neighbours, it is around average for the broader Earl Grey area. This often translates to less yard maintenance. The key is to view the outdoor space in person to see if it meets your needs for privacy and usage.