Property Overview: 1015 Bannerman Avenue, Winnipeg
Key Characteristics & Appeal
This 1,065 sqft home, built in 1954, presents a compelling opportunity in Winnipeg's Robertson neighborhood. Its primary strength lies in its generous 5,958 sqft lot, which ranks in the top 3% on its street, offering significant outdoor space and potential not commonly found in the area. The property’s assessed value of $326k is notably above average for both the street and the neighborhood (top 8%), suggesting it is viewed as a premium holding within its immediate context, though it aligns more closely with the citywide average.
The appeal here is grounded in space and position. The living area is practical and competitive for the neighborhood, while the lot size is a standout feature for gardening, expansion, or simply enjoying a larger yard. It suits a buyer looking for a home with established character in a mature community, who values the potential of a sizable lot over a brand-new build. It’s particularly suited for those who see value in a property that already holds a strong assessed value position locally, possibly indicating a well-maintained home or a desirable location on the street.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The lot is a key feature, significantly larger than the street average (4,206 sqft) and ranking in the elite top 3% on Bannerman Avenue.
2. The assessed value seems high for the neighborhood. What does this indicate?
An assessed value in the top 8% for both the street and Robertson area often reflects factors like lot size, condition, improvements, or a favorable location. It suggests the property is considered above average compared to its closest peers.
3. When was it last sold, and for how much?
Public records indicate a sale between late 2016 and early 2017, with a price in the CA$250k–300k range. For fully verified and exact historical sale figures, a manual lookup through the site is required.
4. Is the living space smaller than average?
At 1,065 sqft, it is slightly below the street average but above the neighborhood average. It offers a efficiently sized footprint that is very typical for the area, with the trade-off being the notably larger lot.
5. How does this home compare to the Winnipeg average?
Citywide, this home is around average in most metrics—living area, value, and year built. Its standout feature is the lot size, which is still above the citywide median, highlighting that its greatest advantages are hyper-local.