Property Overview: 489 Melbourne Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, 720 sqft home built in 1946 on a 3,585 sqft lot in the Munroe West neighbourhood. Its key appeal lies in its position as an affordable entry point into the Winnipeg market. The data shows it is consistently below average in size and assessed value compared to homes on its street, in its area, and across the city. This translates to a lower price barrier and potentially lower property taxes.
The home would suit first-time buyers or investors seeking a straightforward, no-frills property. Its smaller size and vintage suggest it may appeal to those comfortable with a renovator's touch or seeking a manageable space. A thoughtful perspective is that its "below average" metrics are precisely what create its opportunity; it offers a chance to gain a foothold in a neighbourhood where the average home is larger and more expensive. The lot size, while below the city average, is reasonably proportional to the home's footprint for the area, offering typical outdoor space for its setting.
Frequently Asked Questions
1. Is this a good value for the money?
Based on the assessed value of $228k, which is below area averages, and the past sale price range, it appears positioned as a competitively priced, entry-level home. Its value is tied more to land and location than to the size or modern condition of the structure itself.
2. What should I know about a house built in 1946?
Expect character common to the era, but also potential needs like older wiring, plumbing, or insulation. A thorough inspection is essential. On a positive note, its construction date is typical for the street and area, meaning local trades are familiar with homes of this vintage.
3. How does the lot size compare?
At 3,585 sqft, the lot is slightly smaller than the average for Munroe West but is not an outlier. It provides standard yard space for the neighbourhood and is not unusually narrow or shallow compared to immediate peers.
4. Why are the sold prices shown as a range?
The site uses publicly available data, not MLS records, and displays approximate ranges for non-members. To obtain the exact historical sale figures, you must request them directly via email from the site, as noted in the data disclaimer.
5. The home is smaller than average. Is that a concern?
This is the defining characteristic of the property. The 720 sqft living area is significantly smaller than the city average. It will suit those seeking a cozy, efficient space but may feel cramped for those needing multiple bedrooms or dedicated work-from-home areas. This size is the primary factor behind its lower assessed value.