Property Overview: 97 Berrydale Avenue, Winnipeg
Key Characteristics & Buyer Appeal
This home at 97 Berrydale Avenue is a compact, post-war bungalow built in 1947, situated on a modest lot in Winnipeg's St. George neighborhood. Its defining characteristic is its size: with 653 sqft of living space, it is notably smaller than most comparable homes on its street, in the neighborhood, and across the city. The assessed value of $232k is also below local averages, reflecting its scale.
The primary appeal lies in its position as an accessible entry point into the market. It represents a lower financial barrier to homeownership in a well-established area, potentially suiting first-time buyers, downsizers, or investors seeking a manageable rental property. The below-average costs for both purchase (via assessed value) and ongoing property taxes could free up budget for renovations or savings.
A thoughtful perspective is that its smaller footprint and lot (4,082 sqft) translate to less maintenance and lower utility costs, which can be a significant long-term advantage. While the home ranks below average in size and value metrics, this very fact underscores its niche for buyers prioritizing location and affordability over square footage. It’s a practical choice for someone whose lifestyle doesn’t require much space, or for a buyer viewing this as a strategic first step with potential to add value over time.
Frequently Asked Questions
1. Why is the assessed value significantly lower than nearby homes?
The assessed value is closely tied to the home's physical characteristics, primarily its smaller living area and lot size compared to neighbors. This results in a proportionally lower valuation.
2. Is the smaller living area a major concern?
It depends on your needs. At 653 sqft, it's a compact layout suitable for one or two people. It requires efficient use of space and may not accommodate a growing family or those needing a home office or multiple dedicated rooms.
3. What are the advantages of a smaller lot?
A smaller lot typically means less time and money spent on yard maintenance, landscaping, and snow removal. It can be a benefit for those seeking a low-maintenance property.
4. How can I find out the actual sale history for this property?
The public data provided does not show a detailed transaction history. You can request the exact sale figures and full history by emailing the site via the "Request exact figures by email" button; they will perform a manual lookup.
5. The home was built in 1947. What should I consider?
While the build date is around average for the street, a home of this age will likely have older major systems (like plumbing, electrical, and roof). A thorough inspection is essential to understand the condition and anticipate any needed updates or repairs.