Property Overview: 80 Avalon Road, Winnipeg
Key Characteristics & Appeal
This home at 80 Avalon Road presents as a solid, average-sized property within its established Minnetonka neighbourhood. Built in 1961, it is notably older than many homes on its street and in the immediate area, which may appeal to buyers interested in a classic layout and the potential to add value through thoughtful updates. With 1,210 square feet of living space, it offers a practical footprint that is very typical for the city overall. Its assessed value of $390,000 aligns with the mid-range for the area.
The property’s standout feature is its lot. At 6,827 square feet, the land parcel is above average compared to homes across Winnipeg, offering more outdoor space than is typical city-wide. This creates a notable value proposition: a larger-than-average yard in a neighbourhood of average-sized homes. The last recorded sale was between $350,000–$400,000 in 2021.
This home would suit a practical buyer who values space over a modern turn-key condition. It’s ideal for a first-time homeowner comfortable with gradual improvements, or an investor looking for a property with a strong land-to-building ratio in a stable area. Its appeal lies in its grounded, no-frills offering and the opportunity to personalize a home with a generous yard.
Frequently Asked Questions
1. How does the age of this home compare to others?
This home, built in 1961, is older than most on its street and in the Minnetonka area. Compared to the wider city, its age is closer to the average. This suggests a well-established neighbourhood but may indicate a need for updates to systems like plumbing, electrical, or windows.
2. Is the lot size a significant feature?
Yes. While the lot is average for the immediate area, it is larger than approximately 82% of residential lots across Winnipeg. This is a key advantage for buyers seeking more outdoor space, garden potential, or future expansion possibilities relative to typical city properties.
3. What does the assessed value tell us about the price?
The $390,000 assessed value is a municipal valuation for tax purposes, not a market price. It sits in the middle-to-upper range for the street but is below the average for the broader Minnetonka area, suggesting the home may be viewed as a more affordable entry point into the neighbourhood.
4. How has the property’s value changed recently?
Based on public data, the home sold for between $350,000 and $400,000 in 2021. The current assessed value of $390,000 falls within that range, indicating a stable valuation in the years since that sale.
5. Where can I see more detailed comparisons with neighbouring homes?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby houses with detailed comparisons of year built, living area, assessed value, and lot size. This tool provides clearer context than street-level data alone.