Property Overview: 765 Machray Avenue, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 765 Machray Avenue presents a practical opportunity in Winnipeg's Robertson neighborhood. Built in 1948, its 1,028 sqft living space is modest yet functional, sitting comfortably around the neighborhood average. The property’s assessed value of $299k is notably above average for both its immediate street and the wider Robertson area, suggesting it is viewed favorably relative to its local peers, though it sits below the citywide average.
The appeal here is one of balance and location-specific value. It suits a first-time homebuyer or an investor looking for a straightforward, entry-level property in an established area. The lot size is manageable at just over 4,000 sqft, offering outdoor space without being burdensome. A thoughtful perspective is that this home represents a "middle-of-the-road" option on its own street—it’s newer than many neighbors but with less square footage, potentially indicating a well-maintained or updated post-war home on a street with older housing stock. Its value proposition is strongest within the immediate context of Robertson, making it a candidate for someone prioritizing neighborhood affordability and character over maximum square footage.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
While its living area is below the average for Machray Avenue itself, it is very close to the typical size for the broader Robertson neighborhood. This indicates the home is a standard offering for the area, though some immediate neighbors may have larger homes.
2. Why is the assessed value higher than the street and neighborhood averages?
An assessed value above local averages can reflect factors like recent updates, better condition, or a more desirable lot placement compared to peers. It suggests the city’s assessment sees inherent value here, but it's always wise to verify this with a current market evaluation.
3. What can the last sold price (2019) tell me?
The home sold for an estimated $200k-$250k in 2019. The increase to the current $299k assessment reflects market movement over five years. For precise figures, a manual lookup of the exact sale history is required.
4. Is the 1948 build date a concern?
The home is newer than many on its street (where the average build year is 1932) but is still a post-war property. Prospective buyers should budget for maintenance appropriate to a home of this age and consider a thorough inspection.
5. Who would this property suit best?
This home is well-suited for a pragmatic buyer, such as a first-time homeowner or an investor, who values its position as an above-average offering within the Robertson community. It may appeal less to those seeking a larger home or a below-average assessment price for the area.