Property Overview: 2659 King Edward Street, Winnipeg
Key Characteristics & Appeal
This is a modest, one-storey home built in 2008, offering a relatively modern build in its neighbourhood. With 929 sqft of living space and an attached garage, it sits on a standard city lot. Its key appeal lies in its balance of newer construction and a very low municipal assessed value ($35,500), which suggests potential for lower property taxes. The home is not renovated, presenting a straightforward canvas.
The property suits practical, value-conscious buyers. It would fit a first-time homebuyer seeking an entry point with modern systems, an investor looking for a manageable rental property, or someone wanting to downsize into a simple, low-maintenance layout. A thoughtful perspective is that, while its living space is smaller than many area homes, its newer age could mean fewer immediate repair costs compared to older, larger homes in the same price range. Its strongest relative rankings are for its newness and assessed value on its own street, indicating it stands out as a more contemporary and fiscally efficient option in its immediate vicinity.
Frequently Asked Questions
1. What does the assessed value tell me about property taxes?
A lower assessed value typically correlates with lower municipal property taxes. This home's assessed value is notably low, which is a key financial advantage, though final taxes depend on the city's mill rate.
2. The home is noted as "not renovated." What condition should I expect?
This indicates the original 2008 build components are likely still in place. Expect functional but basic finishes. It’s advisable to budget for cosmetic updates or to plan for renovations over time, but major structural or system issues are less likely than in a much older home.
3. How does the living space compare to the area?
At 929 sqft, the living area is slightly below the average for King Edward Street and more compact than many Winnipeg homes. This emphasizes efficient use of space and may appeal to those prioritizing simpler living over square footage.
4. The home sold in 2022. Why is the exact price not listed?
Exact sale prices are not always publicly available in Manitoba. The provided range is estimated from public data. You can request the precise figure from the site, which manually verifies records.
5. What are the pros and cons of its lot size?
The lot is a manageable 3,694 sqft, which is smaller than many in the wider city but average for its street. This means less yard maintenance but also less private outdoor space compared to properties on larger lots.