Property Overview: 455 Airlies Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 455 Airlies Street is a compact, post-war bungalow built in 1947, offering 987 square feet of living space on a 3,750 sqft lot in the Robertson neighborhood. The data presents a clear picture: this is a property positioned below area averages in size, lot dimensions, and assessed value ($218k), both on its street and city-wide. Its appeal lies in its accessibility and practicality. It represents a straightforward entry point into the Winnipeg market, particularly for first-time buyers or investors seeking a lower-cost holding with rental potential. The home suits those who prioritize function and affordability over size, and who may see value in a property that requires less upkeep due to its smaller scale. A thoughtful perspective is that its "below-average" metrics across the board could signal a lower property tax burden relative to larger homes, while its neighborhood living area ranking is closer to the median, suggesting it fits the local character. It’s a pragmatic choice for budget-conscious buyers comfortable with a home that offers the essentials without excess.
Section 2: Frequently Asked Questions
1. Why is the assessed value significantly lower than the street average?
The assessed value of $218k is below the street average of approximately $310k, which is consistent with the home having a smaller living area and a notably smaller lot than most neighbors. Assessment is based on property characteristics, and these factors result in a lower valuation.
2. How reliable is the sold price data shown?
The sold price range (CA$150k–200k) from 2016 is based on publicly available internet data, not the MLS. The site notes it has had limited verification. For fully verified, exact historical transaction figures, you must request a manual lookup via email from the service.
3. What does the "Top %" ranking actually mean?
A "Top 86%" rank for value on the street, for example, means the property’s assessed value is higher than 86% of comparable homes on Airlies Street. In this context, a higher percentage often indicates a lower value or smaller size, as you are ranking higher for being more affordable or compact.
4. Is the smaller lot size a major disadvantage?
It depends on your priorities. The lot is smaller than area averages, which limits expansive outdoor space but typically reduces maintenance time and cost. For some, this is a practical trade-off for affordability and easier upkeep.
5. Given its age, what should I be mindful of?
Built in 1947, the home is older than many on its street and in the city. Prospective buyers should pay special attention to the condition of major aging components, such as the roof, foundation, plumbing, and electrical systems, during an inspection.