Property Overview: 301 Victoria Avenue E, Winnipeg
Key Characteristics & Appeal
This is a compact, one-and-a-half storey character home in Kern Park, built in 1922. With 1,123 sqft of living space and a renovated basement, it offers a practical layout on a 3,500 sqft lot. A detached garage adds functional storage or workshop space. The home’s primary appeal lies in its balance of historic charm and modern usability within a mature neighbourhood. Its assessed value of $280k positions it as a more accessible entry point into the Winnipeg market, especially when compared to the city-wide average.
This property would suit first-time buyers or downsizers looking for a manageable home without a major renovation project, thanks to the updated basement. It also appeals to those who value the established streetscapes and quieter pace of neighbourhoods like Kern Park over newer subdivisions. A thoughtful perspective: while the lot size is smaller than many, it translates to less yard maintenance, which can be a significant hidden benefit for buyers seeking a simpler lifestyle. The home’s age means potential for character details, but also suggests a careful review of major systems like plumbing and electrical is prudent.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,123 sqft, the living area is somewhat smaller than the average for Victoria Avenue E but is actually above average for the Kern Park neighbourhood specifically, indicating it’s a comfortably sized home for this local context.
2. Is the assessed value a good indicator of the likely selling price?
The $280k assessment is below the city-wide average for comparable homes. While not a direct predictor of sale price, it often suggests a potentially more affordable price point, though market conditions and the home’s specific condition will ultimately determine value.
3. What should I consider with a home from 1922?
While the renovated basement is a positive update, a home over 100 years old will require attention to its aging components. A thorough inspection focusing on the foundation, roof, wiring, and plumbing is highly recommended to understand any upcoming maintenance.
4. What are the pros and cons of a smaller lot?
The 3,500 sqft lot is smaller than many, limiting expansive gardening or large outdoor additions. However, this also means significantly less time and cost spent on yard upkeep, which many buyers find to be a practical advantage.
5. How can I find out what this home actually sold for in the past?
Exact historical sale prices are not publicly displayed here. You can request the accurate sold price history directly via the email prompt provided on the listing page.