808 Manhattan Avenue

Property Overview

This one-and-a-half storey home on Manhattan Avenue in East Elmwood presents a straightforward, no-frills opportunity. Built in 1949, it features 900 sqft of living space, an unrenovated basement, and a detached garage on a generous 4,236 sqft lot. The data shows it is very much a typical home for its immediate street and neighbourhood in terms of size, assessed value, and age. Its appeal lies in its simplicity and its position as a manageable, entry-level property in a stable community. It suits a first-time buyer, an investor looking for a rental property, or a hands-on individual comfortable with a home that offers a blank canvas for gradual updates. A less obvious perspective is that its "average" metrics within the local context mean it's less likely to be overpriced compared to neighbouring homes, offering a pragmatic purchase without premium neighbourhood pricing. The large lot also provides tangible value, offering space for gardening, play, or future expansion that is harder to find in newer subdivisions.

Frequently Asked Questions

What does "one-and-a-half storey" typically mean for a home of this era?
It usually indicates a home where the second level has sloped ceilings following the roofline, creating cozy bedrooms or spaces with character, often with less square footage than a full two-storey.

Is the assessed value the same as the market value?
No. The assessed value (listed here as $23,600) is for municipal tax purposes. The market value—what a buyer would pay—is determined by recent sales, condition, and demand, and is typically much higher, as hinted by the provided city-wide average home value.

The basement is noted as "not renovated." What should I expect?
This typically means the basement is in original or utilitarian condition, with concrete floors and walls, and is suited for storage or laundry. It presents potential for future finishing but would require significant investment.

How does this home's size compare practically?
At 900 sqft, it is compact. For context, it's smaller than the average home in Winnipeg but aligns with the average for East Elmwood. It necessitates efficient use of space and would suit a smaller household.

The home last sold in November 2021. What can that data point indicate?
A sale three years ago suggests the current owners have had a relatively short tenure. This isn't inherently negative but could prompt questions about their reason for selling, and it provides a recent price point (then $22,400) to consider against the current asking price.