Property Overview: 1030 Bannerman Avenue, Winnipeg
Key Characteristics & Appeal
This 1953 bungalow at 1030 Bannerman Avenue presents a compelling mix of modest home size and generous outdoor space in Winnipeg's Robertson neighborhood. With 915 sqft of living area, the house itself is more compact than many on its street and city-wide, suggesting a manageable layout for efficient living or a potential renovation project. Its true standout feature is the 5,960 sqft lot, which ranks in the top 2% on Bannerman Avenue, offering significantly more yard space than most neighbors.
The home’s assessed value of $299k sits above average for both its immediate street and the Robertson area, indicating it is perceived as a higher-value property within its local context, though it remains below the Winnipeg city average. This creates an interesting position: it’s a premium property on its block but offers relative value within the broader market.
This property would suit first-time buyers or downsizers looking for a home with a large, private yard without the maintenance of a much larger house. It also appeals to value-oriented buyers who prioritize land size and see potential in a home that may benefit from updates. The above-average lot size offers future possibilities for gardening, expansion, or simply enjoying more outdoor privacy than is typical for the area.
Frequently Asked Questions
1. How does the home’s size compare to others?
The living area of 915 sqft is below the average for both Bannerman Avenue and Winnipeg overall, making it a more compact bungalow. However, it is closer to the average size for the wider Robertson neighborhood.
2. Why is the assessed value higher than the street average?
The assessed value of $299k is above the street average of $243.4k. This is likely influenced by the property’s much larger-than-average lot size and its newer construction date relative to other homes on the street.
3. What are the implications of the large lot?
The 5,960 sqft lot is a major asset, offering ample outdoor space for recreation, gardening, or future additions like a shed or deck. It provides a level of privacy and potential not commonly found on this street.
4. When was it last sold and for roughly how much?
Public records indicate it sold between August 2017 for a price in the range of CA$250,000-$300,000. Exact sale figures require a manual lookup from the provider.
5. How does its age affect its value?
Built in 1953, the home is newer than most on its street (average year built 1936) and in the Robertson area. This can be an advantage, potentially meaning fewer issues with very aged infrastructure compared to neighboring properties, though a full inspection is always recommended.