Property Overview: 135 Horton Avenue E, Winnipeg
Key Characteristics & Appeal
This 974 sqft bungalow, built in 1955 on a 3,997 sqft lot in Kildare-Redonda, presents a straightforward, value-oriented opportunity. Its primary appeal lies in its position as an affordable entry point into the Winnipeg market. With an assessed value of $278k, it sits below average for its street, neighborhood, and the city overall, suggesting potential for buyers priced out of more expensive areas.
The home suits first-time buyers or practical investors seeking a functional property without premium costs. Its living space is typical for the immediate area, offering just enough room without the upkeep of a larger house. A thoughtful perspective is that its older vintage (built before many on the street) may indicate a well-established, mature streetscape, while the below-average lot size translates to less exterior maintenance—a practical plus for those seeking simplicity. This isn't a standout in terms of size or valuation metrics, but rather a grounded option where the appeal is defined by modesty and proportionally lower financial barriers.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While a useful benchmark, assessed values for tax purposes don't always equal market value. The fact it's below area averages indicates a potentially lower price point, but the final sale price will depend on market conditions, the property's condition, and buyer demand.
2. How does the smaller lot size impact the property?
At approximately 4,000 sqft, the lot is smaller than many in Winnipeg. This typically means less yard work and lower outdoor maintenance costs, which can be a benefit. However, it also limits potential for large additions or extensive landscaping.
3. The home is older than many on the street. Should I be concerned?
A 1955 build is common for Winnipeg. Its older age compared to some neighbors simply means a thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the roof, which may need updates or have already been addressed.
4. Can I get the exact sale history for this property?
The public data provided does not show a detailed transaction history. As noted on the listing, you can request exact sold price history by email, and the service will manually look up the most accurate available information for you.
5. How does this home compare to others nearby?
The provided comparisons show similar homes in the area with a range of sizes and values. This property's living area is very close to the neighborhood average, while its assessed value is on the lower end, highlighting its position as a more budget-conscious option among comparable houses.