Property Overview: 908 Consol Avenue, Winnipeg
Key Characteristics & Appeal
This home at 908 Consol Avenue is a practical, no-frills property in Winnipeg's Munroe East neighbourhood. Built in 1958, it is typical for its area in age but stands out for its modest scale. With 886 square feet of living space and a 4,720 sqft lot, it is consistently below the average size for comparable homes on its street, in the area, and across the city. This is reflected in its assessed value of $24,500, which is also notably below average benchmarks.
The primary appeal lies in its position as an accessible entry point into the housing market. It represents a lower-cost option in a stable, established neighbourhood where most other homes are larger and more valuable. For the right buyer, this could mean a lower barrier to entry, reduced property taxes, and a manageable footprint for upkeep. It would suit a first-time homebuyer, an investor looking for a straightforward rental property, or someone seeking a minimalist lifestyle without a large mortgage. A thoughtful perspective is that a home of this size and value in an area of generally larger properties could offer less competition from buyers seeking "forever homes," potentially creating a unique purchasing opportunity for pragmatic buyers.
Frequently Asked Questions
1. Why is the assessed value so much lower than the averages shown?
The assessed value is based on the property's specific attributes, primarily its below-average living area and lot size compared to neighbours. It is priced for what it is—a smaller, older home—rather than the area's general market.
2. What does the "Sold 2020 CA$200k–250k" price range indicate?
This shows the home last sold for between $200,000 and $250,000 in 2020. The significant difference between that sale price and the current assessed value highlights that market value (what a buyer pays) and assessed value (for tax purposes) are calculated differently and can vary widely.
3. Is the smaller size a major drawback?
It depends on your needs. The size is efficient and manageable but requires a lifestyle suited to compact living. It may not suit those needing multiple bedrooms or ample storage, but it minimizes maintenance and utility costs.
4. What are the implications of buying a home that ranks "below average" in most categories?
It typically suggests a more affordable purchase price and lower ongoing property taxes. The trade-off is that the home may not appreciate in value at the same rate as larger, more updated properties in the same area, and financing or insurance might require additional scrutiny.
5. How can I find out the exact price it sold for in 2020?
The exact sale price is not publicly displayed in detail. As noted on the listing, you can request this information by emailing the provided service, which manually retrieves and shares the precise historical data.