Property Overview: 233 Cheriton Avenue, Winnipeg
Key Characteristics & Appeal
This Rossmere-A home presents a compelling mix of space, value, and potential. Built in 1943, it is notably older than most area homes, which suggests a well-established character but also means buyers should be mindful of the maintenance typical for a house of this era. Its true standout feature is the generous 7,588 sqft lot, which is significantly larger than most properties on the street and across Winnipeg, offering excellent outdoor potential.
The 1,467 sqft living area is comfortably above average for the immediate street and neighborhood, providing more interior space than many nearby homes. The assessed value of $318k sits around the local average, indicating a fair market positioning. This combination—a larger-than-average home on a much larger-than-average lot at a neighborhood-average price—is where its core appeal lies. It suits buyers looking for room to grow, garden, or entertain outdoors, and who are comfortable with the nuances and potential update projects of an older home. It’s a property where the land itself is a primary asset.
Frequently Asked Questions
1. How does the age of the home (1943) affect its value and condition?
While the older construction date places it in the bottom tier for year built locally, this is factored into its assessed value. It typically means classic construction but may require updates to mechanical systems, windows, or insulation compared to newer builds. A thorough inspection is advised.
2. The lot size is a major highlight. What are the possibilities?
The lot is over 30% larger than the street average. This allows for expansive gardens, recreational space, additions like a large shed or garage, or even future development potential, subject to city zoning bylaws.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is a snapshot in time. Market conditions, property updates, and buyer demand ultimately determine sale price. Recent sold data shows homes on this street have sold both above and below this assessment.
4. How does this home compare to others on Cheriton Avenue?
It offers more living space and significantly more land than the typical home on the street. While newer homes on the block exist, this property trades modern construction for greater lot size and interior square footage at a similar price point.
5. Where can I get verified historical sale data for this property?
The provided sold price ranges are based on public data. For fully verified and exact transaction figures, you must request a manual lookup from the site via email, as MLS records are not displayed here due to industry regulations.