Property Overview: 809 Government Avenue, Winnipeg
Key Characteristics & Appeal
This 957 sqft bungalow, built in 1955, sits on a notably generous lot of nearly 5,000 sqft in Munroe East. Its primary appeal lies in this above-average land size for the immediate street, offering more outdoor space and potential than many neighbouring properties. The home itself is modest in size compared to the Winnipeg average, positioning it as a practical, no-fuss living space rather than a sprawling residence. Its assessed value is strong for the local street, suggesting it is viewed favorably relative to its closest peers.
This property would suit a first-time homebuyer, a downsizer, or an investor looking for a manageable footprint with the valuable asset of a larger lot. The appeal is grounded in practicality: lower maintenance costs due to the smaller home size, coupled with the flexibility and future potential that a larger lot provides. It’s a home for someone who values space around their house more than space within it, and who sees the inherent value in a well-located parcel of land in an established neighbourhood.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value (currently $30,100) is for municipal tax purposes. Market value—what a buyer would pay—is determined by current market conditions, the home's state, and recent sale prices of similar properties, like the 2020 sale of this home in the $250k-$300k range.
2. What does the "below average" city-wide living area ranking mean for me?
It confirms the home is cozier than the Winnipeg average. This translates to lower utility costs and less upkeep, but also means storage and living space are at a premium. Efficient layout and use of the basement (if developed) would be key.
3. The lot is large for the street. What are the implications?
A top 13% lot size on Government Avenue is a significant asset. It offers more privacy, room for gardens, play areas, or additions like a shed or deck. It also may provide better future redevelopment potential compared to tighter lots, which can be a long-term advantage.
4. The home is older. What should I budget for?
Built in 1955, major systems (roof, plumbing, electrical, furnace) may be near or past their typical lifespan. A thorough inspection is crucial, and you should budget for updates and maintenance consistent with a home of this age.
5. How can I find out the exact past sale price?
The listed sale price range is based on public data. To obtain the exact historical sale price, you can use the email request feature provided on the listing page. The service is manual but typically provides the accurate figure by the end of the same business day.