Property Overview: 800 Talbot Avenue, East Elmwood
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1928, presents a practical opportunity in Winnipeg's East Elmwood neighborhood. Its key appeal lies in its position as a modestly-sized, character home that is financially accessible, with an assessed value significantly below the city average. The 960 sqft living area is typical for the immediate street and area, suggesting a comfortable, manageable footprint.
The property suits first-time buyers, downsizers, or investors seeking an entry point into the market with a lower financial barrier. Its most notable characteristic is the land size; at 2,313 sqft, the lot is considerably smaller than most in the area and city-wide. This isn't necessarily a drawback—it translates to less exterior maintenance and a clearly defined, efficient yard space. The home last sold in 2019, and the basement is noted as unrenovated, indicating potential for future customization or requiring a buyer comfortable with a project. The appeal here is grounded in simplicity and affordability rather than luxury, offering a chance to own a solid, older home in an established community without a premium price tag.
Section 2: Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a common Winnipeg architectural style. It typically features a full main floor and a second floor where the roofline slopes inward, creating cozy bedrooms with slightly reduced ceiling height at the walls. It adds character but can affect furniture placement.
2. How significant is the smaller lot size?
While the yard is smaller than most in East Elmwood, it requires less upkeep—a plus for those not wanting extensive gardening or lawn care. It’s a trade-off that contributes to the home's affordability.
3. The assessed value seems low. Does that mean the taxes are low?
Generally, yes. A lower assessed value typically results in lower municipal property taxes compared to newer or larger homes in the city, which is a ongoing financial benefit.
4. What should I know about a basement that's "not renovated"?
This means the basement space is in its original, likely functional state. It may be suited for laundry and storage, but finishing it for living space would be a future project. It's advisable to have it inspected for moisture and foundation integrity common in homes of this era.
5. How does this home compare to others nearby?
The data shows this home is very average for its specific street in terms of size and value, but sits below area and city averages for lot size, value, and year built. This indicates you're purchasing a more compact, classic property in a neighborhood of somewhat larger, often newer homes.