Property Overview: 350 Avalon Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 350 Avalon Road in Minnetonka is a practical, no-frills property built in 1972. Its key characteristic is its compact size, with 888 square feet of living space and a 5,496 square foot lot, both notably smaller than most homes on its street and in the immediate area. This translates to a below-average assessed value for the neighbourhood, positioning it as an accessible entry point into the market.
The appeal lies in its affordability and efficiency. For a buyer comfortable with a smaller footprint, it offers lower property taxes and potentially simpler maintenance. While it doesn't offer the space or lot size of its neighbours, its city-wide assessed value is around average, suggesting its valuation is balanced within the broader Winnipeg context. It would best suit first-time buyers, downsizers, or investors seeking a straightforward, lower-cost holding. A thoughtful perspective is that a smaller lot and home can represent less ongoing work and expense, allowing owners to invest elsewhere or enjoy a more minimalist lifestyle.
Section 2: Frequently Asked Questions
1. Is the assessed value likely to lead to lower property taxes?
Generally, yes. With an assessed value below the local area average, the municipal tax burden should be proportionally lower, which is a key financial advantage of this property.
2. How does the smaller living area compare to nearby homes?
At 888 sqft, the living area is significantly smaller than the Minnetonka area average (~1,439 sqft). This indicates a cozy, efficient layout but limited space for larger families or those needing multiple dedicated rooms.
3. What does the "around average" city-wide assessed value tell me?
While the value is below average for its specific street and neighbourhood, it aligns with the middle range for all Winnipeg properties. This suggests the home is not uniquely undervalued but is priced appropriately for a compact property in the broader market.
4. The home sold between 2021-2025. Can I get the exact sale price?
The exact sold price is not publicly listed. The listing service offers to provide it manually via email upon request, with a commitment to reply by the end of the same day without using your email for marketing.
5. The lot is smaller than others on the street. What are the implications?
The lot size (5,496 sqft) is about half the street average. This means less outdoor private space for gardening, play, or expansions. However, it also typically means less yard work and lower landscaping costs.