Property Overview: 10 Autumnlea Path, Winnipeg
Section 1: Key Characteristics & Appeal
This 988 sqft bungalow, built in 1973 on a roughly 5,800 sqft lot in River East, presents a straightforward, value-oriented opportunity. Its key appeal lies in its position as a competitively priced entry point into a stable Winnipeg neighborhood. With an assessed value of $349k, it sits below area averages, suggesting potential for buyers mindful of both purchase price and property tax implications.
The home’s living space is modest, ranking below averages for its street, neighborhood, and city, making it best suited for first-time buyers, downsizers, or investors seeking a manageable footprint. Its lot size is typical for the area, offering standard outdoor space without excessive maintenance. A less obvious perspective is that a home of this size and vintage in a mature neighborhood often appeals to those looking for a "blank slate" – a property where the value is in the structure and location, allowing for personalization or gradual updates according to one’s own budget and taste. The recent sale in mid-2023 indicates a modern transaction history, providing a clearer market baseline than older, stale listings.
Section 2: Frequently Asked Questions
1. Is this home smaller than most in the area?
Yes. At 988 sqft, the living area is below the average for Autumnlea Path (1,109 sqft), the broader River East neighborhood (1,399 sqft), and Winnipeg overall (1,342 sqft). This is a defining characteristic of the property.
2. How does its assessed value compare?
The $349k assessment is below the River East neighborhood average (~$401k) and very close to the street average ($357k). City-wide, it’s near the average. This suggests the property is valued in line with its immediate locale but may offer a relative value within the wider neighborhood.
3. What can the 2023 sale price tell me?
The property sold in July 2023 for a price reported in the range of $400k-$450k. This provides a recent market benchmark, but for verified, exact historical sale figures, you must request a manual lookup from the site.
4. Who would this property suit best?
It’s a practical fit for first-time homebuyers prioritizing location and lot ownership over square footage, or for downsizers seeking a single-level home without a large yard to maintain. Its below-average metrics indicate a more accessible price point.
5. Are the lot size and age of the home typical?
Yes. The lot is around average for the street and city. The 1973 build date is also typical for this street and neighborhood, which is primarily comprised of homes from the early-to-mid 1970s.