Property Overview: 754 Weatherdon Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1947, presents a classic Winnipeg character home opportunity. With 881 square feet of living space on a 3,891 sqft lot, its size is very typical for the Ebby-Wentworth neighbourhood, offering a manageable footprint. The home’s primary appeal lies in its position as an affordable entry point into a stable, established community. The assessed value is notably below average for the area, which can signal a lower property tax burden but also suggests the home may require modernization or investment.
It would suit a first-time buyer comfortable with a project, an investor looking for a character property with rental potential, or a downsizer seeking a modest, low-maintenance home without leaving a mature neighbourhood. A thoughtful perspective is that while its city-wide rankings for size and value are below average, it is squarely average within its immediate context—this isn’t an outlier, but a standard home for the street, offering a genuine, no-frills living experience in a convenient location.
Section 2: Frequently Asked Questions
1. Is this a "fixer-upper"?
The data suggests it likely requires attention. The sale price in 2019 was significantly higher than the current assessed value, and the assessed value itself is well below neighbourhood averages. This often indicates a home in need of updates or repairs.
2. What are the property taxes?
With an assessed value of $22,400, the municipal property taxes would be relatively low compared to many homes in Winnipeg. An exact annual amount can be calculated using the City of Winnipeg's mill rate.
3. How does the lot size compare?
The lot is just under 4,000 square feet, which is very standard for the area. It provides adequate outdoor space for a garden or patio but is not an unusually large parcel.
4. What might the below-average assessment mean for a buyer?
It primarily means a lower tax bill. However, it also means that if you renovate and increase the home's value significantly, your assessment and subsequent taxes will likely rise following a city re-assessment.
5. Is the living space too small?
At 881 sqft, it is compact. For comparison, similar homes on the same street average about 1,056 sqft. This home would suit individuals, couples, or small families comfortable with efficient use of space, typical of its era.