Property Overview: 243 Seaforth Avenue, Margaret Park, Winnipeg
Key Characteristics & Appeal
This 672 sqft bungalow, built in 1971, sits on a 3,410 sqft lot in Winnipeg's Margaret Park neighbourhood. Its primary appeal lies in its position as a modest, entry-level property with a below-average assessed value. The home is notably smaller than most in the city, but it ranks more competitively within its immediate street and neighbourhood context, suggesting it fits the local area's scale.
The property would suit first-time buyers, downsizers, or investors seeking an affordable foothold in a stable neighbourhood. Its lower taxes, due to the assessed value, are a practical advantage. A thoughtful perspective is that while the home is compact, its lot size is relatively average for the street, offering typical outdoor space for the area. Additionally, being newer than many homes on the block could mean fewer immediate age-related issues compared to neighbours.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 672 sqft, the living area is below the Winnipeg average but is closer to the norm for Seaforth Avenue itself. It’s a compact home, typical of many in this specific part of Margaret Park.
2. What does the assessed value indicate?
The assessed value is below average for the street, neighbourhood, and city. This generally translates to lower property taxes, which is a key cost-saving feature for the right buyer.
3. Is the lot a good size?
The lot is around average for Seaforth Avenue but smaller than typical lots in wider Margaret Park and Winnipeg. It provides standard outdoor space for this specific street.
4. How can I find out the exact past sale price?
The listed sale price is a public data range. You can request the exact historical sale price by emailing via the provided form on the listing page; the service aims to reply by the end of the same day.
5. Where can I see more context about the surrounding houses?
You can open the neighbourhood analysis page to view this property on a map alongside nearby homes, comparing details like year built, living area, and lot size.