Property Overview
739 Ebby Avenue is a compact, one-and-a-half storey home built in 1947, situated in Winnipeg's Grant Park neighbourhood. With 881 square feet of living space on a 3,866 sqft lot, it presents a modest footprint. The home lacks a basement, pool, and garage. Its most recent recorded sale was in June 2019, and its current assessed value is notably below the averages for both the immediate area and the wider city.
Key Characteristics & Appeal
This property is defined by its simplicity and location. Its appeal lies in being an entry-point home in a well-established neighbourhood like Grant Park, offering the potential for a lower barrier to homeownership. The lot size is manageable for those who want a small outdoor space without extensive upkeep. Its lack of a basement and garage simplifies the structure, which could be seen as reducing maintenance complexities and costs associated with those features.
It would best suit a first-time buyer, an investor looking for a straightforward rental property, or someone seeking to downsize into a minimal-maintenance home. A thoughtful perspective is that its below-average assessed value, while indicating modesty, also suggests a potentially lower property tax burden. Furthermore, its "around average" standing on its own street for size and age indicates it fits the character of Ebby Avenue, offering community consistency rather than standing out.
Frequently Asked Questions
1. What does "No Basement" mean for this home?
It means there is no below-ground level. Utilities, storage, and mechanical systems like the furnace and water heater will be situated on the main floor, affecting layout and living space.
2. Why is the assessed value so much lower than area averages?
The assessed value is based on the property's specific attributes—its smaller size, age, and lack of features like a garage or basement. It's assessed against its own profile, not directly against larger, fully equipped homes.
3. Is the 2019 sale price relevant today?
It provides historical context, but market conditions have likely changed since. It should not be used as a direct indicator of current value without considering post-2019 market trends.
4. What are the implications of having no garage?
Parking will be on-street or via a potential driveway if space allows. This affects convenience, vehicle security, and storage. It's a trade-off for the home's lower price point.
5. How should I interpret the ranking statistics?
They show how this property compares to others in different groupings. For example, its living area is "around average" for its own street but "below average" for the wider Grant Park area, helping to contextualize its scale within different circles.