Property Overview: 1003 Kelsey Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This home at 1003 Kelsey Avenue in Maybank is a practical, no-frills property that appeals through its affordability and established neighbourhood setting. Built in 1927, it is notably older than most homes on its street and in Winnipeg overall, which suggests a classic, possibly compact layout. With approximately 1,030 sqft of living space and a 3,150 sqft lot, it sits below the citywide averages for both, indicating a more modest footprint. Its assessed value is significantly below the Winnipeg average, positioning it as an accessible entry point into the market.
The primary appeal lies in its value proposition. It last sold in the $250k-$300k range in 2021, and its below-average metrics suggest it remains a relatively affordable option. This is a home for buyers who prioritize location and getting onto the property ladder over size or modern features. It would suit first-time buyers, investors looking for a rental property, or downsizers seeking a manageable home without a large mortgage. A thoughtful perspective is that its older vintage, while requiring due diligence, often comes with established trees and a settled, character-filled streetscape that newer subdivisions lack. Its "around average" standing within its immediate Maybank area means it fits right in, offering neighbourhood consistency without premium costs.
Frequently Asked Questions
1. What should I know about a home built in 1927?
Prospective buyers should budget for a thorough inspection. While these homes often have solid bones and charm, key systems like plumbing, electrical, insulation, and the foundation may require updates or ongoing maintenance. The layout may also differ from modern open-concept designs.
2. The lot size is below average. Is that a major drawback?
Not necessarily. A smaller lot means less yard maintenance, which can be a benefit for those seeking a low-upkeep property. It still provides space for a patio, garden, or play area, just on a more intimate scale compared to larger lots.
3. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the property's specific characteristics—its smaller size, older age, and modest lot—within the municipal tax framework. It is consistent with similar homes in its immediate area and is a key factor in its overall affordability and potentially lower property taxes.
4. How can I find out the exact past sale price?
The provided sale price is a public record range. You can obtain the exact historical sale price by contacting SaveOnHouse directly via the email request button on the property page. They provide this detail manually without using your email for marketing.
5. How does this home compare to others nearby?
The "Open neighbourhood map analysis" link provides a detailed visual comparison with neighbouring houses on factors like year built, lot size, and assessed value. This shows that while the home is older and smaller than many in Winnipeg, it is more in line with the general profile of the Maybank area.