Property Overview
This home at 327 Pandora Avenue E in Winnipeg's Melrose neighbourhood presents a distinct profile shaped by its early 20th-century origins. Built in 1918, it offers a living space of 1,202 sqft, which is notably above average for both its immediate street and the Melrose area. The lot size is a generous 4,456 sqft, providing ample outdoor space relative to many city properties. Its assessed value sits in a moderate range compared to local peers, suggesting a potentially accessible entry point into the market for the right buyer.
Key Characteristics & Appeal
The primary appeal of this property lies in its combination of spacious interior and land size within a mature, established neighbourhood. While the home's age (108 years) places it well below the average for newer construction, this often translates to character, larger lot sizes, and established landscapes not found in newer subdivisions. The data indicates you are getting more house and land here than is typical for Melrose, which could appeal to those seeking room to grow, garden, or simply have more privacy.
This home would likely suit a practical buyer who values space and location over modern build-year status. It's a candidate for someone comfortable with the realities and potential of an older home, possibly a renovator, a growing family seeking affordability with room, or a buyer prioritizing a large yard. The above-average living area against a modest assessment hints at value, but it necessitates a close look at the property's condition, updates, and any required maintenance inherent to its age.
Frequently Asked Questions
1. What does the "below average" year built ranking mean for me?
It confirms the home is significantly older than most. This isn't inherently negative but shifts focus to the home's maintenance history, major system updates (roof, wiring, plumbing, windows), and potential for heritage character or inefficiencies. A thorough inspection is essential.
2. The assessed value seems low compared to the city-wide average. Why?
City-wide averages include all property types and values across Winnipeg. The more relevant figures are the local comparisons: its assessment is above average for Melrose and average for its street. This suggests the value is aligned with its specific location and peer properties, not the broader, higher-priced city market.
3. How spacious is it compared to nearby homes?
The data shows its living area ranks in the top 16-19% for its street and neighbourhood, meaning it is larger than roughly 80-85% of comparable local homes. This is one of its standout features.
4. Is the large lot size typical?
At 4,456 sqft, the lot is around the local average. It's not exceptionally large for the area but is comfortably sized and above the city-wide average for lot size, offering good outdoor space.
5. Where can I see more context about this specific location?
The listing suggests using the "Open neighbourhood map analysis" feature. This tool would allow you to visually compare this property's year built, size, and value directly against its immediate neighbours on a map, providing the clearest context for its place on the block.