Property Overview: 761 Bannerman Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic 1945-built bungalow in the Robertson neighborhood, presenting a practical and affordable entry point into Winnipeg’s housing market. Its key characteristic is efficiency: at 725 sqft, the living space is compact and manageable, situated on a roughly 4,660 sqft lot that is slightly larger than many on its street. The assessed value of $207k is notably below both neighborhood and city averages, indicating a relatively low property tax burden and an accessible price point.
The appeal lies in its value proposition and potential. It suits first-time buyers, downsizers, or investors seeking a straightforward property without the upkeep of a larger home. The lot size offers a valuable outdoor space for gardening or expansion, a less obvious advantage in this price range. While the home itself is modest in scale, its rankings show it performs well compared to similar properties city-wide, suggesting it represents a solid foundational asset in a well-established area. It’s a home for those who prioritize financial accessibility and lot potential over immediate square footage.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
At 725 sqft, the living area is below the average for the street, neighborhood, and city. This indicates a compact, efficient layout suitable for individuals, couples, or those looking to minimize maintenance.
2. Is the assessed value typical for the area?
The $207k assessment is below the Robertson neighborhood average ($269k) and significantly below the Winnipeg city average ($390k). On its own street, however, it ranks closer to the average, suggesting the property is reasonably aligned with its immediate surroundings.
3. What does the lot size offer?
The lot of 4,662 sqft is larger than the street average. This provides more outdoor space than many neighboring properties, which could be used for recreation, gardening, or future projects like a shed or addition.
4. Can I find out the exact historical sale price?
The site provides sold price ranges for context. To obtain verified, exact sale figures from a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. What is the general condition of homes in this immediate area?
The "Year Built" analysis shows homes on Bannerman Avenue average from 1936, making this 1945 home slightly newer than many on its block. This suggests the character of the street is comprised of well-established, older homes, and buyers should budget for maintenance typical of houses of this era.