Property Overview: 34 Frederick Avenue, Winnipeg
Key Characteristics & Appeal
This home at 34 Frederick Avenue in St. George presents a solid, grounded opportunity in Winnipeg’s market. Built in 1954, its 1,039 sqft living space is typical for the street and neighbourhood, offering a practical layout for everyday living. The standout feature is the generous 7,626 sqft lot, which ranks well above average for both the St. George area and the city overall. This provides significant outdoor space and potential not found in many comparable properties.
The home’s appeal lies in its balance and value proposition. With an assessed value of $306,000, it sits below the street average but aligns with the neighbourhood norm, suggesting a potentially accessible entry point into the area. The last known sale was between $300k-$350k in April 2021. It suits first-time buyers or downsizers looking for a manageable home with a premium-sized yard in a mature neighbourhood. It’s a property where the value is anchored more in the land than in a large or modernized structure, appealing to those who prioritize space and future potential over immediate turn-key finishes.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value is for municipal tax purposes and is one data point. The last sold price from 2021 and current market conditions will be stronger factors in determining market value.
2. What does the above-average lot size mean for me?
A lot size in the top 13% city-wide offers more privacy, gardening space, and room for additions like a shed, deck, or garage. It also represents a long-term value asset, as land is a key driver of appreciation.
3. The home is 72 years old. What should I budget for maintenance?
While the age is typical for the area, a home from the 1950s will likely require ongoing upkeep. Budget for potential updates to major aging components like the roof, windows, plumbing, or electrical systems. A thorough home inspection is essential.
4. How does this property compare to others on the street?
The data shows the living area and age are very similar to neighbouring homes. The key difference is that this home’s assessed value is below the street average, while the lot size is consistent, which could indicate a relative value opportunity or reflect the condition of the home itself.
5. Where can I see more detailed information about the neighbourhood?
You can open the neighbourhood analysis page for this property to view a detailed map comparing year built, living area, assessed value, and lot size with nearby houses.