Property Overview: 418 Airlies Street, Winnipeg
Key Characteristics & Appeal
This home is a practical, no-frills property in Winnipeg's Robertson neighborhood. Built in 1947, its 983 sqft living area is very close to the neighborhood average, offering a manageable size for a small household or first-time buyer. The assessed value of $229k is notably below averages for the street, area, and city, indicating a potentially accessible entry point into the market. The lot size is also fairly standard for the immediate area.
The primary appeal lies in its value proposition. It represents a more affordable option within its community, especially when compared to other homes on Airlies Street itself. It would suit a budget-conscious buyer, such as a first-time purchaser or an investor, who prioritizes location and fundamentals over size or modern features. A thoughtful perspective is that its "below average" metrics across the board may offer less competition and more room for value growth through updates, compared to a home that's already at the peak of its immediate market.
Frequently Asked Questions
1. Is this a good value compared to the neighborhood?
The data suggests it is. The home's assessed value is below the neighborhood average, while its living area is very close to the area norm, which could indicate a relative value opportunity within Robertson.
2. What type of buyer is this home best suited for?
It's well-suited for a pragmatic, budget-focused buyer. This includes first-time homebuyers comfortable with a home from the 1940s, or an investor looking for a rental property with fundamentals in line with the area.
3. How does it compare to other homes on Airlies Street?
It's generally smaller, on a smaller lot, and has a lower assessed value than the average for Airlies Street. This means it may be one of the more accessible homes on the block.
4. Are the sold price ranges shown the exact selling prices?
No. The site shows sold price ranges in $50k bands. To obtain the exact historical sold prices, you must request them directly via email from the site provider, as they do not display MLS data.
5. The home is older than average. What should I consider?
Built in 1947, it's older than most homes in Winnipeg. A prospective buyer should prioritize a thorough inspection to understand the condition of major aging components like the roof, plumbing, electrical, and foundation, and budget for potential updates.