Property Overview: 585 Anderson Avenue, Winnipeg
Key Characteristics & Appeal
This home on Anderson Avenue is a classic, early 1900s residence in the St. John's neighbourhood, presenting a straightforward and affordable entry into Winnipeg's housing market. Its key appeal lies in its relative consistency within its immediate context. The living space (1,133 sq ft) and municipal assessed value ($190k) are both very close to the averages for both the street and the wider St. John's area, indicating a property that is typical for its specific locale rather than standing out as unusually large or small. This can be appealing for buyers seeking a predictable, no-surprises investment in an established community.
The home suits first-time buyers or practical investors looking for a character home without a premium price tag. It's important to note the lot size (3,065 sq ft) is smaller than many on the street, which could mean lower maintenance but less private outdoor space. A thoughtful perspective is that while the home's assessed value is average for the area, it sits significantly below the Winnipeg citywide average, highlighting St. John's as a more affordable pocket within the city. The recent sale history shows steady price appreciation, suggesting a stable investment trajectory.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($190k) is for municipal tax purposes and is typically below market value. The home's last recorded sale was in early 2022 in the $200k-$250k range, which is a more current benchmark, though the final price will depend on market conditions at the time of sale.
2. How does the smaller lot size impact the property?
At 3,065 sq ft, the lot is below average for the street. This likely means a smaller yard, which translates to less exterior maintenance but also less potential for expansions like a large addition or garage, compared to neighbours with larger plots.
3. What should I consider about a home built in 1912?
While full of character, a home of this age will likely require diligent maintenance and updates. Prospective buyers should budget for potential updates to major systems like wiring, plumbing, and insulation, and are strongly advised to invest in a thorough home inspection.
4. The data shows the home is "below average" compared to the whole city. Is this a concern?
This primarily reflects the affordability of the St. John's neighbourhood compared to Winnipeg's overall market. For a buyer targeting this area, the more relevant comparisons are street and neighbourhood levels, where the home is consistently around average.
5. How can I find out the exact past sale prices?
The site provides sold price ranges. Due to industry rules, exact MLS sale figures are not published here. You can request the exact historical sold prices by email through the site's provided form for a manual lookup.