Property Overview: 1251 Percy Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Percy Avenue in the Minto neighbourhood presents a practical, mid-century property built in 1952. With 1,154 sqft of living space, it offers a comfortably sized layout that is very typical for its local area and the city overall. The 3,898 sqft lot is a standout feature for the Minto neighbourhood, ranking above average in size and offering good outdoor space relative to nearby homes.
The appeal here is grounded in value and potential. The home’s assessed value is notably modest, which can translate to lower property taxes—a significant, ongoing cost savings for an owner. This creates an opportunity for a first-time buyer or an investor to enter the market with a manageable financial footprint. The property suits a buyer who values a larger-than-average lot for the area, sees potential in a home from the 1950s, and prioritizes a lower annual tax burden over a premium, turn-key condition. It’s a pragmatic choice for those comfortable with a property that may require updates, positioned in an established community.
Section 2: Frequently Asked Questions
1. What does the "below average" assessed value mean for me?
A lower assessed value typically results in lower municipal property taxes. This is a concrete financial advantage, though it may also reflect the home’s age and condition relative to others on the street.
2. How does the lot size compare meaningfully?
While the lot is smaller than others on Percy Avenue, it ranks in the top 18% within the larger Minto neighbourhood. This means you’re getting more outdoor space than most homes in the immediate community, which is a relative advantage.
3. The home was last sold between 2019-2025. Can I find out the exact price?
The exact sold price is not publicly displayed. You can request it directly via the provided email service on the listing page, which aims to provide the accurate figure manually.
4. Is the 1952 build date a concern?
The home is 74 years old, which is newer than the Minto neighbourhood average. While systems and structure should be professionally inspected, it is a relatively younger home for its area, potentially implying updates may have been made over the decades.
5. How should I interpret the ranking data for living area?
The living space is consistently around the middle range—neither particularly large nor small—whether compared to the street, neighbourhood, or city. This indicates a standard, functional size that meets typical needs without being expansive.