Property Overview: 994 Manhattan Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in East Elmwood presents a practical and updated living space. Its key appeal lies in its above-average, renovated condition relative to its immediate neighborhood. With 1,219 sqft of living space, it is notably larger than most comparable homes on Manhattan Avenue and in the wider East Elmwood area. The home benefits from a renovated basement, adding functional space, and a detached garage. Built in 1960, it is a newer construction compared to many of its local peers, which often date back to the early 1950s. The lot is a manageable size, typical for the area.
This property would suit first-time buyers or downsizers looking for a move-in-ready home with modern updates in a stable, established neighborhood. It offers more interior space than is typical for the price point in this specific locale, representing good value for those prioritizing a renovated interior over a large yard. The data suggests it's a standout property on its own street, offering a sense of relative investment security within the immediate community.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home ranks above average for living space, assessed value, and year built when compared specifically to other properties on Manhattan Avenue and in East Elmwood. It is a larger, newer, and more recently updated option in this particular locale.
2. What does the assessed value indicate?
The assessed value is above average for the street and neighborhood, which often reflects updates and condition. It is important to note that this is not the market value but a municipal valuation for tax purposes; a professional appraisal and market analysis are needed to determine current worth.
3. Is the lot size a disadvantage?
The lot is slightly smaller than the average for the street but is standard for East Elmwood. This means less yard maintenance, which can be an advantage for many buyers, though it may offer less privacy or expansion potential than larger lots.
4. What is the significance of the 1960 build year?
In an area where many homes were built in the early 1950s, a 1960 construction date can mean newer building materials, electrical systems, and floor plans. It places the home in the top 15% for age within the neighborhood.
5. Who might this property not suit?
Buyers seeking a very large yard, a brand-new build, or a home with top-tier city-wide square footage metrics may find other options more suitable. This home's strengths are most apparent when compared directly with its immediate neighbors.