Property Overview
416 Trent Avenue is a compact, mid-century home in Winnipeg's Munroe West neighborhood. Built in 1953, it sits on a standard-sized lot for its street but offers a smaller-than-average living space. Its appeal is rooted in its position as an affordable entry point into the housing market, with an assessed value that is very manageable compared to the city-wide average. This isn't a sprawling property; it's a practical one that prioritizes location and lot ownership over square footage.
Key Characteristics & Ideal Buyer
The home's defining characteristic is its size. At 672 sqft, the living area is notably compact, ranking in the bottom 15% on its own street. This makes efficient use of space a priority. However, its assessed value of $271,000 is much closer to the average for Munroe West, suggesting the value is in the land and location rather than the structure's scale. The lot is a manageable 3,199 sqft, typical for the immediate area but smaller than many in the wider city.
The property's core appeal is its affordability and opportunity. It suits first-time buyers or investors looking for a lower-cost entry into the market with the potential to build equity. It could also be a fit for a minimalist, a downsizer seeking a cozy footprint without leaving the neighborhood, or a hands-on buyer who sees the existing structure as a candidate for a significant renovation or future expansion, given the established lot.
Frequently Asked Questions
1. Is this a good value for the money?
Based on the assessed value, this home is priced below the Winnipeg city average. You are paying less, but also getting a smaller living space. The value proposition depends on whether you prioritize lower upfront cost and land ownership over move-in-ready size.
2. How does the small living area impact daily life?
The home requires efficient living. Storage solutions and multi-functional rooms will be essential. It may feel cramped for a growing family but could be cozy for one or two people comfortable with a simpler layout.
3. What are the implications of the home's age (built in 1953)?
While the systems and structure may have been updated, a home of this age likely requires careful inspection for foundational integrity, plumbing, electrical wiring, and insulation. Budgeting for maintenance and potential updates should be part of your planning.
4. The lot seems average for the street but small city-wide. Is that a drawback?
Not necessarily. The lot size is consistent with the neighborhood's character. It provides adequate outdoor space for a garden or patio without the high maintenance of a much larger yard. Its smaller size compared to the city average is a key factor in its relative affordability.
5. Can I find out the exact past sale prices?
The site provides sold price ranges. To obtain the exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.