Property Overview: 61 Avalon Road, Winnipeg
Key Characteristics & Appeal
This home at 61 Avalon Road is a practical, mid-century property built in 1973, offering a manageable 1,130 square feet of living space. Its primary appeal lies in its solid positioning as an average, no-surprises home within its immediate neighborhood and wider Minnetonka area. The living area, assessed value, and age of the home are all consistently around the average mark for comparable local properties, suggesting a stable and predictable market value.
A thoughtful perspective is its lot size of 5,405 sqft, which is notably smaller than most lots on Avalon Road and in Minnetonka. This could be a positive for buyers seeking lower maintenance outdoor space, or a consideration for those envisioning significant expansions. The home’s recent sale history indicates strong value appreciation over the last several years, outperforming many city-wide comparisons.
This property would best suit first-time buyers or downsizers looking for an established, entry-level home in the area without extreme outliers in size or value. It’s a home that represents the character of its street, ideal for someone seeking a straightforward purchase in a mature neighborhood.
Frequently Asked Questions
1. How does this home’s value compare to its neighbors?
The home’s assessed value is very typical for Avalon Road and the Minnetonka area, ranking near the middle of comparable properties. Its recent sold price also performed well against city-wide averages.
2. Is the lot size a disadvantage?
The lot is smaller than most on the street. This means less yard maintenance, but also less private outdoor space and potential limitations for large additions. Compared to the city-wide average, however, the lot is fairly typical.
3. What does the "around average" ranking mean for key features?
It indicates stability. The home’s living space, age, and assessed value are not outliers but are consistent with the established norm for the local area, which can simplify comparative market analysis.
4. The home was built in 1973. What should I consider?
As a home from the early 1970s, prospective buyers should pay close attention to the age and condition of major systems like roofing, plumbing, electrical, and windows during an inspection, as they may be nearing or past their typical lifespan.
5. How can I find out the exact past sale prices?
The provided sold price ranges are based on public data. To obtain the exact historical sale figures, you can request them via email from the listing service, which provides them manually without marketing spam.