Property Overview & Key Characteristics
This 880 sqft home at 15-700 Blantyre Avenue in Valley Gardens is a compact, well-situated property built in 1985. Its primary appeal lies in its relative modernity compared to many homes in the area, ranking newer than 90% of houses on its own street. The assessed value of $160,000 positions it as a higher-value home within its immediate neighbourhood and across Winnipeg, suggesting it is a well-maintained or updated unit in its cohort.
The property would suit first-time buyers or downsizers looking for a manageable, low-maintenance home in a mature neighbourhood. Its value ranking indicates it may appeal to those seeking a step above typical area comparables, possibly offering modernized finishes or systems. The lack of noted basement, pool, or garage points to a simpler lifestyle, potentially attracting buyers who prioritize location and interior condition over additional structures or upkeep.
Frequently Asked Questions
1. What does the high assessed value ranking mean?
While the $160,000 assessment is modest in absolute terms, it ranks in the top 2% of the neighbourhood and top 6% city-wide for assessed value. This typically indicates the municipal assessment sees this property as being in better condition, more updated, or having more desirable features than the vast majority of homes around it.
2. How does the living space compare?
At 880 sqft, the living area is compact, ranking in the smaller 18% of the neighbourhood. This confirms the home is likely a bungalow, split-level, or specific plan designed for efficient use of space rather than sprawling square footage.
3. Why are nearby sold prices from 2016 shown?
The 2016 sale price of $157,000 is provided as a historical benchmark. It shows the property has held its value relatively stable over time, especially when compared to its current assessed value. This long-term ownership can indicate a stable, well-cared-for home.
4. What is the significance of the "For Reference" comparable listings?
Listings like 646 Dunrobin Avenue (valued at $31.5k) are not direct style or size comparables. They are likely shown to illustrate the wide range of property values and conditions within the broader area, highlighting that this home exists in a market with many older, lower-valued homes.
5. What can be inferred from the lack of noted garage, basement, or pool?
The listing explicitly states "Basement: No" and notes no garage or pool. This means the home likely sits on a slab foundation, offering single-level living without basement storage or development potential. It underscores a truly low-maintenance structure, but one where all living and storage must be accommodated within the main footprint.