Property Overview: 713 Warsaw Avenue, Earl Grey, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a 4,219 sqft lot presents a practical opportunity in the established Earl Grey neighbourhood. Its key characteristic is its balance: while the 955 sqft living area is modest and below the local average, the property holds an assessed value that is competitive for the street and area. A renovated basement adds functional living space. The home was built in 1952, making it notably newer than many of its Earl Grey peers, which often date to the early 1900s. This suggests potentially fewer concerns with the very old infrastructure common in the area.
The appeal lies in its position as a manageable, entry-level property in a desirable inner-city neighbourhood. It suits first-time buyers or downsizers seeking a single-level layout without a large maintenance footprint. The above-average lot size for Earl Grey offers valuable outdoor space for gardening or expansion, a relative rarity. A thoughtful perspective is that its "below average" size and "around average" value could represent a cost-effective way to secure a location in a sought-after area, prioritizing land and location over square footage.
Section 2: Frequently Asked Questions
1. Is the house particularly small?
Yes, at 955 sqft, the living area is below the average for both Warsaw Avenue and the Earl Grey neighbourhood. The renovated basement, however, provides additional usable space.
2. How does the assessed value compare?
The assessed value is around the average for Warsaw Avenue and slightly above average for the Earl Grey area, indicating it is priced in line with its immediate location despite the smaller living space.
3. What are the advantages of a 1952 build in this area?
Earl Grey has many homes built in the early 1900s. A 1952 build is considered newer in this context, which may mean updated foundational materials, wiring, or plumbing compared to much older neighbours.
4. How does the lot size compare?
The lot is 4,219 sqft, which is above average for Earl Grey. This is a significant feature, offering more private outdoor space than many nearby properties.
5. Who might this property not suit?
It may not suit buyers looking for a large, turn-key family home with substantial above-ground square footage or modern open-concept layouts. It is best viewed as a solid foundation in a prime location.