Property Overview
This home at 119 Pandora Avenue E in Winnipeg's Melrose neighbourhood presents a practical and efficient living option. Built in 1975, it is notably newer than many homes on its street and in the wider area. With 1,056 square feet of living space, it offers a comfortably sized interior that is above average for the local Melrose area. The lot size of 3,721 square feet is more compact than many city lots, which can mean lower maintenance. Its assessed value is significantly below the Winnipeg city average, indicating a potentially accessible entry point into the market.
The appeal here lies in its balance and practicality. It’s a home that sits comfortably within its immediate context—neither the largest nor the smallest, but well-positioned as a sensible, lower-maintenance property. It would suit first-time buyers seeking an affordable foothold, downsizers looking for a manageable space without the upkeep of a large lot, or investors interested in a property with a value proposition rooted in its efficient scale and newer construction relative to the area.
Frequently Asked Questions
1. How does the lot size impact this property?
The lot is compact, ranking in the bottom third for size on Pandora Avenue E. This typically translates to less yard maintenance, which can be a benefit for those seeking a low-maintenance lifestyle, but may limit expansion or extensive landscaping possibilities.
2. The assessed value seems low compared to the city average. Why?
The assessed value is based on municipal valuation for tax purposes and is heavily influenced by the home's size, age, and specific location. While it is below the city-wide average, it is around the average for both the street and the Melrose area, reflecting local market conditions.
3. What does it mean that the home is "newer" than most in the area?
Built in 1975, this home is significantly newer than the neighbourhood averages (1957 for the street, 1947 for the area). This can suggest updated building materials, electrical, and plumbing systems compared to much older homes, potentially reducing immediate renovation needs.
4. What was the home's last sale price?
Public data indicates it sold between CA$250,000 and $300,000 in 2021. For the exact sale price, you can request the information directly via the provided email service on the listing page.
5. How does the living space compare to typical Winnipeg homes?
At 1,056 sqft, the living area is smaller than the Winnipeg average (~1,342 sqft) but is actually above average for the Melrose neighbourhood. This highlights the importance of comparing homes within their specific local context rather than just city-wide figures.