Property Overview: 911 Bannerman Avenue, Winnipeg
Key Characteristics & Appeal
This 880 sqft bungalow, built in 1952, presents a practical opportunity in Winnipeg's Robertson neighborhood. Its primary appeal lies in a value proposition centered on land and location rather than interior size. The lot is a significant asset at nearly 6,000 sqft, ranking in the top 10% within the neighborhood, offering ample outdoor space uncommon for the area. While the living area is modest compared to local and city averages, the assessed value of $293k sits above the street average, suggesting the property is valued for more than just its square footage.
This home would suit first-time buyers or downsizers seeking a manageable footprint without sacrificing yard space. It also appeals to value-oriented investors or renovators who see potential in the generous lot, whether for future expansion, gardening, or simply as a long-term asset in a well-established community. A thoughtful perspective is that this property represents a "land play" in a neighborhood of older, smaller homes; its value is more tied to its parcel size and location on Bannerman Avenue than to the current structure, which may require updates.
Frequently Asked Questions
1. Is the house smaller than others nearby?
Yes. At 880 sqft, the living area is below the average for both Bannerman Avenue and the broader Robertson neighborhood. This indicates a cozier, more efficient layout.
2. Why is the assessed value relatively high for a smaller home?
The assessed value reflects more than interior space. Key factors likely include the larger-than-average lot size (5,938 sqft) and the property's specific location on Bannerman Avenue, which may be viewed favorably compared to the immediate area's average.
3. What is the recent sales history?
Records indicate the property sold between $300,000 and $350,000 in January 2023. This aligns with its current assessed value and suggests a stable market perception.
4. How does the age of the home compare to others?
Built in 1952, it is newer than many homes on its street (where the average year built is 1936) but is generally around average for the neighborhood and city. Buyers should anticipate features and systems consistent with a mid-century home.
5. Where can I get verified sale price data for this property?
The provided sold price is based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup from the site, which will provide the information via email, as MLS data is not displayed here.