Property Summary: 1045 Manahan Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic, no-frills property that presents a clear value proposition. Built in 1938, it offers 808 square feet of living space on a roughly 5,300 square foot lot in the Maybank neighbourhood. Its key appeal lies in its solid fundamentals: the assessed value is consistently around the average for the street, area, and city, suggesting a stable and fair market position. The lot size is also comfortably average for the location, offering decent outdoor space.
The property suits practical buyers looking for an entry point into homeownership or a long-term hold. It’s particularly fitting for those who value a straightforward, lower-maintenance lot and see potential in a home that is smaller and older than area averages. A thoughtful perspective is that its "below average" size and age, compared to nearby homes, could translate into lower property taxes and utility costs relative to larger, newer builds on the same street. It’s a home for someone comfortable with its established character, not someone seeking modern square footage or finishes.
Section 2: Frequently Asked Questions
1. Is this a good value for the area?
The data suggests it is fairly priced for Maybank. Its assessed value is consistently around the neighbourhood average, indicating it’s not overvalued relative to its core characteristics.
2. How does the home's size compare?
At 808 sqft, the living area is below the average for both Manahan Avenue and the wider Maybank area. This means it’s a more compact home, which could be a downside for some but an advantage for buyers seeking a manageable space.
3. What is the significance of the lot size?
The lot is approximately 5,328 sqft, which is around the average for the area. This is a neutral point—it’s not an exceptionally large lot, but it provides standard outdoor space for the neighbourhood without the maintenance burden of a much larger yard.
4. Can I find out the exact historical sale prices?
The listed sale prices are estimated ranges from public data. The exact sale prices from 2019 and 2020 are available by request from the listing service, which provides them manually via email.
5. The home was built in 1938. What should I consider?
As a home from the late 1930s, it is older than most in the city. Prospective buyers should prioritize a thorough inspection to understand the condition of major systems (plumbing, electrical, roof) and potential updates needed, as standard for any home of this vintage.