Property Summary: 1049 Manahan Avenue
Section 1: Key Characteristics & Appeal
This home is defined by a notable contrast: its living space is compact at 723 sqft, ranking below average for the area, but it sits on a generously sized lot of 7,774 sqft, which is well above average for the street, neighbourhood, and city. Built in 1946, its age is typical for the immediate street but older than many homes in the wider Maybank area. The assessed value is consistently around the average mark across all comparison levels.
The primary appeal lies in its land. The large lot presents a significant opportunity for expansion, gardening, or outdoor living—a relative rarity, especially within the city. This makes it ideal for a buyer with a vision, such as a first-time purchaser or renovator looking to add square footage over time, or someone who prioritizes private outdoor space over a large interior. It would also suit an investor considering future redevelopment potential, given the lot size. The home itself appears to be a modest, no-frills entry point into the market, where the value is anchored in the property's footprint rather than its current structure.
Section 2: Frequently Asked Questions
1. Is the house too small for a family?
While the current living area is below average, the large lot is the key feature. For a family willing to renovate or build an addition in the future, the property offers a foundation that many similarly priced homes do not.
2. What does the "below average" ranking for living area mean?
The ranking is a comparison. In this case, it indicates that most homes on Manahan Avenue, in Maybank, and across Winnipeg are larger. It confirms this is a cozier home, highlighting that the appeal is not in its interior size but in its land-to-building ratio.
3. How reliable is the sold price range shown?
The listed range is based on public data. For the exact sale price from 2023, you must request it directly via the provided email service, which is manually verified.
4. The home is older than many in Maybank. Should I be concerned?
The 1946 build date is typical for its specific street. Any concerns would be standard for a home of this age and would be addressed through a thorough inspection, focusing on systems like wiring, plumbing, and the foundation.
5. Why is the assessed value so much lower than the recent sale price?
Municipal assessed value for tax purposes often lags behind market value and is calculated differently. The recent sale price is a clearer reflection of current market conditions and the value buyers place on the large lot.