Property Overview: 913 Connery Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This 795 sqft bungalow, built in 1959, sits on a 4,601 sqft lot in Munroe East. Its core appeal lies in its position as an affordable, no-frills entry point into the Winnipeg market. The home is notably compact, ranking in the bottom 10-15% for living space compared to both its immediate street and the wider city, which suggests a efficient, manageable layout ideal for minimalists or those looking to keep utility costs low.
The assessed value of $27,600 is consistently below average for the area and city, indicating a lower property tax burden and a accessible price point. The lot size is fairly typical for the neighbourhood, offering standard outdoor space. A thoughtful perspective is that this property represents the "bones" of a home—it’s a value-driven proposition where the investment is primarily in the land and location rather than in square footage or modern finishes. It last sold between $200k-$250k in 2016.
This home would best suit first-time buyers, investors seeking a rental property, or downsizers prioritizing affordability and a modest footprint over spaciousness. It’s a practical choice for someone comfortable with a home that may require updates, seeing its below-average metrics as an opportunity rather than a drawback.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 795 sqft, it is significantly smaller than the average Winnipeg home (1,342 sqft). This suits a single person, a couple, or someone dedicated to a simplified lifestyle, but may feel cramped for a family or those with a lot of possessions.
2. What does the below-average assessed value mean for me?
A lower assessed value generally translates to lower municipal property taxes, which is a recurring cost savings. It also typically correlates with a more accessible purchase price, though the final sale price is determined by the market.
3. How does the 1959 build year affect the home?
Being 67 years old means potential for older building materials, systems (like plumbing or electrical), and style. It’s wise to budget for maintenance or updates. On its street, it's one of the newer homes, but it’s average for its wider neighbourhood.
4. What can the 2016 sale price range tell me?
The prior sale price ($200k-$250k) provides a historical benchmark, but it does not dictate current market value. Significant market shifts, changes to the property, or renovations since 2016 will influence today’s price.
5. Who are the most likely neighbours or buyers for this street?
The similar-sized homes and closely clustered assessed values on Connery Avenue suggest a neighbourhood of consistent, modestly valued properties. This often attracts a community of budget-conscious homeowners, long-term residents, and investors.