Property Overview: 75 Gendreau Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 75 Gendreau Avenue in Parc La Salle presents as a practical and affordable entry point into the Winnipeg market. Built in 1972, it is a typical example of its era, offering 928 square feet of living space on a 2,551 square foot lot. The appeal here is rooted in value and stability. When compared to its immediate street and neighborhood, the home's assessed value ($252,000) and size are consistently around the local average, suggesting it fits neatly into the existing community fabric without overreaching.
This property would suit first-time buyers or downsizers seeking a manageable home without a premium price tag. Its below-average city-wide metrics for size and value highlight its role as a more accessible option compared to the Winnipeg average, which may appeal to budget-conscious buyers prioritizing location within the city over a larger footprint. A thoughtful perspective is that this home’s "averageness" on its street is a strength—it indicates a lower risk of being over-improved for the area and suggests predictable property taxes relative to nearby homes.
Section 2: Frequently Asked Questions
1. How does this home's value compare to nearby recent sales?
The home last sold between $150,000-$200,000 in 2017. Current assessed value is $252,000. For exact, verified sale prices of comparable nearby properties, a manual lookup can be requested from the site.
2. Is the lot size a limitation?
At 2,551 sq ft, the lot is smaller than the city average but is fairly typical for Parc La Salle. It provides adequate outdoor space for a patio or garden while requiring less maintenance than a larger yard.
3. What does the "around average" ranking mean for future value?
Homes that perform consistently "around average" for their immediate area often see steady, moderate appreciation that mirrors the neighborhood's overall health, rather than volatile swings.
4. Are there any obvious concerns with a home built in 1972?
As a 54-year-old home, prospective buyers should budget for potential updates to major aging components like roofing, windows, or the heating system, which is a standard consideration for homes of this vintage.
5. How can I get a clearer picture of this specific street and area?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby houses, comparing details like year built, lot size, and assessed value directly.