Property Overview & Key Characteristics
This one-storey home at 46 Sunset Boulevard in Winnipeg's Elm Park neighbourhood presents a specific and practical opportunity. Its key appeal lies in being an entry point into a well-established area at a relatively accessible price point, as reflected in its below-average assessed value for the street and city. The 736 sqft living area is compact, placing it in the smaller tier of homes locally, but it sits on a standard city lot of just over 5,000 sqft. A recently renovated basement adds functional living space. Built in 1929, the home carries the character and solid construction of its era, with a detached garage completing the picture.
This property would suit a first-time buyer, an investor, or a downsizer seeking a lower-maintenance footprint without leaving a mature neighbourhood. Its value proposition is less about size and more about location and lot potential. A thoughtful perspective for the right buyer is viewing the modest house as a manageable starting point, with the land itself representing a significant portion of the asset's long-term value in a sought-after area.
Frequently Asked Questions
1. How does the size of this home compare to others in the area?
The living area is 736 sqft, which is notably smaller than the average home on Sunset Boulevard (~1,030 sqft) and in the wider Elm Park area (~1,247 sqft). This is a compact, efficient layout.
2. What does the "below average" assessed value indicate?
The assessed value is below the average for comparable homes on its street, in Elm Park, and citywide. This typically suggests a more accessible price point, which can be due to the home's smaller size, older age, or a combination of factors.
3. Is the renovated basement included in the living area square footage?
No, the 736 sqft figure refers to the above-ground living area. The renovated basement is additional, usable space that adds functionality to the home.
4. What are the implications of a home built in 1929?
Homes from this period are often solidly built but may require updates to mechanical systems like plumbing or electrical. The charm and character are balanced with the responsibility of maintaining an older structure.
5. How does the lot size compare?
At 5,080 sqft, the lot is fairly standard for the street and is close to the average lot size citywide. It offers typical backyard potential for a mature neighbourhood.