Property Overview: 833 Machray Avenue, Winnipeg
Key Characteristics & Appeal
This is a modest, mid-century bungalow in Winnipeg's Robertson neighborhood, built in 1952. With 720 sqft of living space, it is notably compact compared to most homes in the city, ranking in the top 5% for smaller floor plans. Its primary appeal lies in its efficient scale and manageable lot (4,830 sqft, which is above average for Robertson), offering a low-maintenance footprint. The assessed value of $257k is very typical for its immediate street and neighborhood, but sits significantly below the Winnipeg city average, presenting a more accessible entry point into the market.
The property would suit first-time buyers, downsizers, or investors seeking a straightforward, no-frills home with lower property taxes relative to larger houses. A thoughtful perspective is that its smaller size and newer construction date (relative to many older homes on its street) could mean fewer legacy maintenance issues. Its value is grounded in practicality and location rather than size, ideal for someone who prioritizes a simpler lifestyle or a strategic hold in a mature neighborhood.
Frequently Asked Questions
1. How does the home's size impact its value?
While the living area is below average, the assessed value aligns with the neighborhood. This suggests the value is supported by the lot location and the functional utility of the home, not just its square footage.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($257k) is a municipal tool for calculating property taxes, not a market appraisal. The last recorded sale (2019) was in the $200k-$250k range. A current market evaluation is essential for pricing.
3. What are the potential benefits of a smaller home like this?
Lower utility costs, reduced maintenance time and expense, and generally lower property taxes. It can be an efficient and affordable option for individuals or small households.
4. The home is newer than many on the street. Does that matter?
Being built in 1952, it is newer than the street average (1932). This can sometimes correlate with updated building materials and systems, but a thorough inspection is needed to confirm the condition of the roof, wiring, and plumbing.
5. How can I get the exact historical sale prices for this property?
The site provides estimated sale price ranges. Due to industry regulations, exact MLS sale figures are not published here. You can request the full transaction history manually via email through the provided link on the property page.