Property Overview: 3122 Ness Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated bi-level home in Heritage Park offers a practical and value-conscious entry into the Winnipeg market. Built in 1964, its key feature is a recently renovated basement, adding valuable finished living space to the 1,047 sqft footprint. The property sits on a standard-sized lot just under 5,500 sqft and includes a detached garage.
The primary appeal lies in its strong value proposition and established neighbourhood setting. The home’s assessed value ranks in the elite top 5% on its own street, suggesting it may offer more house for the dollar compared to its immediate neighbours. It suits first-time buyers or downsizers looking for a manageable, updated home without a premium price tag. The bi-level design provides clear separation between living and sleeping areas, and the renovated basement offers flexibility for a family room, home office, or guest space. A thoughtful perspective for buyers is to consider the trade-off: while the living area is slightly below the neighbourhood average, the data indicates you are likely acquiring a property with a proportionally lower tax assessment, which can mean long-term savings.
Section 2: Frequently Asked Questions
1. What does the "elite" assessed value ranking on the street actually mean?
It means this home’s municipal assessed value is among the highest on Ness Avenue (top 5%). This often, but not always, correlates with a higher potential market value or more substantial improvements compared to neighbouring homes.
2. Is the living space sufficient for a growing family?
At 1,047 sqft, it is below the Heritage Park average. The renovated basement significantly adds usable space, making it functional for a small family, but those needing multiple large bedrooms or dedicated playrooms may find it compact.
3. What are the implications of a detached garage?
It provides secure storage and parking but requires going outdoors to access your vehicle. This is a standard feature for many homes of this era and may be preferable for those wanting a separate workshop or storage space.
4. How does the 1964 build year affect the home?
Built 62 years ago, it is older than most in Heritage Park. Prospective buyers should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, and electrical systems, even with a renovated basement.
5. Why is the exact sold price from 2023 not publicly listed?
The precise sale price is often held in proprietary databases. The provided range is estimated from public records. You can request the exact figure from the site, which manually retrieves it from a verified source.