Property Overview: 133 Moore Avenue, Winnipeg
Key Characteristics & Appeal
This 1960-built home in the Pulberry neighborhood offers a practical, grounded opportunity. At 976 sqft, the living space is modest and below area averages, suggesting a cozy, efficient layout rather than expansiveness. Its true standout feature is the 5,935 sqft lot, which is larger than most on the street and around average city-wide, offering valuable outdoor space and potential.
The home’s appeal lies in its position as a competitively priced entry point into the market. With a recent sold price between $300k-$350k and an assessed value of $342k, it sits below neighborhood averages, indicating room for personalization and equity growth. It suits first-time buyers, downsizers, or investors looking for a solid lot size in a stable area without a premium price tag. The data suggests you’re paying primarily for the land and location, with the home itself representing a functional starting canvas.
Frequently Asked Questions
1. Is the smaller living area a significant drawback?
While below average in size, the efficient footprint can mean lower utility costs and less maintenance. For the right buyer, it emphasizes a simpler, more manageable lifestyle.
2. How does the lot size compare, and what does it mean for me?
The lot is larger than many on the street. This provides more private outdoor space, better potential for gardening, additions, or future landscaping projects compared to tighter lots.
3. The assessed value seems higher than the recent sold price. Why?
Assessed values are for municipal tax purposes and can lag behind market trends. The recent sale likely reflects the current market’s valuation of the property’s specific condition and features.
4. What is the neighborhood (Pulberry) like for investment?
The home’s value metrics are consistently below Pulberry averages. This can signal an affordable entry into the area with potential for value appreciation as you improve the property, bringing it more in line with neighbors.
5. Are there comparable recent sales nearby?
Yes. Recent sales on Moore Avenue and nearby streets (like 112 Moore Ave and 31 Weaver Bay) show a range of sizes and values, confirming this property is priced as a more compact, value-oriented option in the area.