Property Summary: 357 Royal Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 357 Royal Avenue in the Jefferson neighbourhood presents a distinct profile. Its key characteristic is its modern age, built in 2018, making it a notably newer construction compared to most homes on its street and across Winnipeg. With 937 sqft of living space and an unrenovated basement, it offers a compact, low-maintenance footprint. The lot size is modest, which translates to less yard upkeep.
The primary appeal lies in acquiring a relatively new build without the premium price often associated with brand-new homes. It suits first-time buyers or downsizers seeking modern building standards (like updated electrical and plumbing) and minimal immediate repair worries. It’s a practical choice for those who prioritize a newer structure over larger interior or land space. A thoughtful perspective is that while the home is newer, its below-average citywide size and lot dimensions suggest it’s best for those with efficient space use in mind, or who see the smaller yard as an opportunity for low-maintenance landscaping.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s assessed value is around average for Royal Avenue and the Jefferson neighbourhood but is below the average assessed value for the entire city. This indicates it may offer relative value within its immediate area.
2. What should I know about the basement?
The listing specifies the basement exists but is “not renovated.” Buyers should budget for finishing this space if additional living area is desired, though it provides immediate utility and storage potential.
3. Is there a garage or parking?
The listing shows no garage. Prospective buyers should investigate on-street parking provisions or the possibility of adding a driveway or parking pad, subject to local bylaws.
4. The home sold in 2018. What was its price then?
Public data indicates a sold price range between $24.50k and $27.50k in February 2018. For the exact historical sale price, you can request the information directly via the provided email service on the listing page.
5. How does the lot size impact this property?
The land area is significantly smaller than typical lots on the street and in the city. This means minimal yard maintenance but also limited space for expansions, additions, or extensive outdoor recreation. It’s a trade-off that suits some lifestyles perfectly.