Property Overview: 805 Weatherdon Avenue
Key Characteristics & Appeal
This 1947-built, one-storey home in Winnipeg's Ebby-Wentworth neighbourhood presents a practical and straightforward opportunity. Its key characteristic is a clear value proposition centered on land and location rather than interior size. With a living area of 700 sqft, the house itself is compact and below average in size for the area. However, it sits on a 4,000 sqft lot, which is notably larger than many of its immediate neighbours, offering valuable outdoor space and potential.
The appeal lies in its affordability and lot size within a mature, established community. The assessed value of $260k is around average for the street but below the city-wide average, positioning it as an accessible entry point into the market. It would suit first-time buyers, downsizers, or practical investors looking for a manageable footprint without sacrificing yard space. A thoughtful perspective for the right buyer is viewing the compact home as a low-maintenance base, with the generous lot providing room for gardens, recreation, or future expansion, subject to approvals. This is a property where the land may hold more long-term value than the existing structure.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
At 700 sqft, the living area is smaller than the average home on Weatherdon Avenue (approx. 1,056 sqft) and in the broader Ebby-Wentworth area. It’s a compact, one-storey layout.
2. Is the lot size a significant feature?
Yes. The 4,000 sqft land area is above average for both the street and the neighbourhood, which is a distinguishing asset for a home of this vintage and price point.
3. What is the neighbourhood like?
Ebby-Wentworth is a mature, established residential area in Winnipeg. The property is surrounded by similar single-family homes, suggesting a stable, quiet streetscape.
4. How current is the pricing information?
The detailed assessment data is based on a municipal assessed value of $260k. A nearby, very similar home at 792 Weatherdon Ave (same size, year) last sold in August 2022 for $276,800, which can serve as a recent benchmark.
5. What are the immediate considerations for a buyer?
Given the home's age (built 1947), a thorough inspection is essential to understand the condition of major systems, the roof, and the foundation. Budgeting for updates or maintenance should be a primary part of the evaluation.