Property Overview: 213 Trent Avenue, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on space and location. Built in 1913, it is a mature property in Munroe West with an assessed value of $220,000. Its primary appeal lies in its above-average living area (1,274 sq ft), which ranks in the top 6-9% for its immediate street and neighborhood, offering more interior space than most nearby homes. This makes it a practical choice for buyers seeking room without a premium price tag.
However, its context is nuanced. While the house itself is spacious for the area, the lot size is more modest and the assessed value sits below area and city averages. This creates an opportunity for value-conscious buyers, particularly those who prioritize interior square footage over a large yard or a newer build. It would suit a first-time buyer, an investor, or a downsizer looking for a character home with generous room sizes in a established neighborhood, provided they are prepared for the maintenance considerations of an older home. The data suggests you are paying primarily for the usable living space within a well-located community, rather than for land value or modern construction.
Frequently Asked Questions
1. Is the below-average assessed value a red flag?
Not necessarily. It primarily reflects the home's age (1913) and modest lot size compared to averages. It can indicate a potentially lower property tax burden and an entry point into the neighborhood.
2. What does the "top 6%" ranking for living area actually mean?
It means that on Trent Avenue itself, only 6% of comparable homes (10 out of 174) have a larger living area. You are getting more interior space than the vast majority of immediate neighbors.
3. As a 113-year-old home, what should I budget for?
While the listing doesn't specify condition, prudent budgeting for potential updates to major aging systems (like plumbing, electrical, or the roof) and ongoing maintenance is essential for a home of this vintage.
4. How reliable is the sold price data shown?
The site notes sold prices are from public data, not the MLS, and are presented as ranges unless you request exact figures. For fully verified history, you must contact them directly for a manual lookup.
5. The lot is smaller than average. What are the implications?
This typically means lower exterior maintenance and less potential for large-scale additions like a garage or extension. It focuses the property's value on the existing house and its location.