Property Overview: 152 Emerson Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a specific value proposition centered on its lot and location. At 828 sqft, the living space is notably compact, ranking well below averages for the street, neighborhood, and city. This is balanced by an above-average citywide lot size of over 6,100 sqft, offering valuable outdoor space and potential. Built in 1978, it is newer than many Winnipeg homes and is the most recent build on its street.
The appeal lies in its efficiency and land value. The assessed value of $327k sits below area averages, suggesting a more accessible entry point into the River East neighborhood. This isn't a home for those seeking abundant interior space, but rather for buyers who prioritize land over square footage. It would suit a first-time buyer, an investor, or someone looking to downsize without sacrificing yard space. The price point and lot size also make it a candidate for future expansion, subject to approvals.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 828 sqft, it is significantly smaller than typical area homes. It will suit a minimalist lifestyle or a small household comfortably, but may feel cramped for those accustomed to more space or with a growing family.
2. Why is the assessed value below neighborhood averages?
The lower assessment primarily reflects the home's smaller living area compared to nearby properties. This can result in lower property taxes, which is a financial advantage for the owner.
3. What are the possibilities for expanding the house?
The above-average lot size provides a tangible asset. While any expansion requires proper permits and investment, the land offers the flexibility to add a garage, extend the living space, or create substantial gardens and outdoor living areas that many city lots cannot accommodate.
4. How reliable is the last sold price data shown?
The site provides an estimated sold range from 2017 based on public data, not the MLS. For fully verified, exact historical sale figures, you must request a manual lookup via email, as detailed on the page.
5. How does this home compare to others on Emerson Avenue?
It stands out as having one of the newest construction dates on the street. However, it has the second-smallest living area and a below-average assessed value for the block, positioning it as a more modest, efficient option among its neighbors.