Property Overview: 488 Brandon Avenue, Winnipeg
Key Characteristics & Appeal
This home is a classic, compact character property in the established Lord Roberts neighbourhood. Built in 1906, it offers 780 sqft of living space on a 2,499 sqft lot. Its key appeal lies in its position as an affordable entry point into a desirable area, with an assessed value that is relatively modest for the city. The lot size is fairly typical for the street, offering potential for outdoor space or future expansion subject to approvals.
The property would suit a first-time buyer, an investor, or someone looking to downsize who values location over square footage. Its charm is for those who appreciate older homes with history and are prepared for the maintenance and potential updates that come with a 120-year-old structure. A thoughtful perspective is that its below-average living area city-wide can be an advantage, resulting in lower utility costs and less to maintain, focusing life on the vibrant community outside its doors. It represents a "land value with a house" proposition in a mature neighbourhood.
Frequently Asked Questions
1. What does the assessed value ranking mean?
While the home's assessed value is below the Winnipeg city average, it is around the average for both Brandon Avenue and the wider Lord Roberts area. This suggests it is priced consistently within its immediate, established neighbourhood context.
2. What are the implications of the home's age?
Built in 1906, it is among the oldest on the street. This can mean charming original features, but also necessitates a thorough inspection for foundational integrity, wiring, plumbing, and insulation to understand any needed investments.
3. How accurate are the sold price ranges shown?
The listed price ranges are estimates based on public data. To obtain the exact historical sale price, you must request it via the provided email service, which is manually processed.
4. Is there potential to expand the living space?
Given the lot size is around average for the street, there may be potential to add square footage through renovations or an addition, subject to City of Winnipeg zoning bylaws, heritage considerations, and building codes.
5. What is the neighbourhood analysis page?
This interactive tool allows you to view the property on a map alongside nearby homes, directly comparing metrics like year built, lot size, and assessed value to visualize how it fits within the local streetscape.