Property Overview: 763 Machray Avenue, Winnipeg
Key Characteristics & Appeal
This 1,128 sqft home, built in 1948, presents a solid, no-fuss opportunity in the Robertson neighborhood. Its appeal lies in its practical balance. While the living space is modest for the street, it is notably above average for the wider Robertson area, suggesting a well-utilized layout within a desirable locale. The assessed value of $277k is comfortably below the Winnipeg city average, indicating a more accessible entry point into the market without sacrificing the benefits of an established neighborhood.
The property suits first-time buyers or practical investors seeking value and stability over sheer size. It’s a home for someone who prioritizes neighborhood character and a manageable footprint over a sprawling lot, as the land area is smaller than typical city lots. A thoughtful perspective is that its 1948 build date is newer than many homes on its street, potentially implying updates or a different construction era than its immediate neighbors. This isn’t a standout luxury property, but a grounded option that outperforms many area benchmarks, making it a sensible choice for building equity in a mature community.
Frequently Asked Questions
1. How does this home’s size compare to the area?
At 1,128 sqft, the living area is smaller than the average on Machray Avenue but is larger than 82% of comparable homes in the broader Robertson neighborhood, indicating an efficient use of space for the area.
2. Is the assessed value a good indicator of the likely price?
The assessed value of $277k is a municipal tax valuation. It sits around the average for both the street and Robertson, but significantly below the Winnipeg city average, suggesting the home may offer relative value within the city context.
3. What does the year built tell us?
Built in 1948, the home is newer than most on its street (ranking in the top 26%), which may suggest fewer concerns with very old infrastructure compared to neighboring houses from the 1930s.
4. How can I find out what it last sold for?
The site indicates a sale occurred in August 2017 within a broad price band. For verified, exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. What are the trade-offs with the lot size?
The 4,032 sqft lot is below average for both the street and the city. This means less yard space but could also translate to lower maintenance costs and less time spent on outdoor upkeep.