Property Overview
755 Mulvey Avenue is a classic two-and-a-half storey home in Winnipeg's Earl Grey neighbourhood. Built in 1913, it offers 1,276 sqft of living space, which is slightly above average for both the street and the area. The home features a renovated basement and sits on a 2,659 sqft lot. Its assessed value of $35,800 places it above average within Earl Grey, suggesting a solid valuation for the neighbourhood.
Key Characteristics & Appeal
This home’s primary appeal lies in its established location and efficient scale. It sits comfortably within the metrics of its desirable Earl Grey community, offering more living space than many local comparables without being an overly large or high-maintenance property. The renovated basement adds functional, modernized space. The lot, while smaller than the citywide average, is typical for the central neighbourhood and may appeal to those seeking a lower-maintenance yard.
It would suit a first-time homebuyer or a downsizer looking for character in a mature, central neighbourhood without the footprint of a massive lot. The above-average assessment for the area indicates a property that holds its value well in its immediate context, which is a thoughtful point for value-conscious buyers. It’s a practical choice for someone who wants neighbourhood amenities and character over sheer size.
Frequently Asked Questions
Is the smaller lot size a significant drawback?
While the land area is below the Winnipeg average, it is much more in line with typical lots in central, established neighbourhoods like Earl Grey. It offers manageable outdoor space with less upkeep.
What does the above-average assessed value for Earl Grey indicate?
It suggests that, relative to other homes in this specific neighbourhood, the property is valued more highly. This often reflects the home’s condition, features, or desirability within its local market context.
Are there any concerns with a home built in 1913?
While the home has historic character, prospective buyers should prioritize a thorough inspection. Key focuses for a home of this age would include the state of the foundation, wiring, plumbing, and roof, even with a renovated basement.
How does the living space compare to nearby homes?
The living area is a strength, ranking in the top 37% for Earl Grey. You are getting more interior space than many homes in the immediate area, which is a efficient use of the property’s footprint.
What is the neighbourhood like?
Earl Grey is a mature, central neighbourhood known for its tree-lined streets, community feel, and proximity to amenities like parks, schools, and shopping. It’s a sought-after area for its stability and convenience.