Property Overview: 84 Woodydell Avenue
Key Characteristics & Appeal
This home at 84 Woodydell Avenue is a practical and competitively priced property that represents a solid entry point into the Vista neighborhood of Winnipeg. Built in 1972, it is typical for its street and area in both age and assessed value, which is closely aligned with local averages at approximately $375k.
The primary characteristic to note is its living space. At 896 sqft, the home is notably more compact than most comparable properties on its street, in the wider neighborhood, and across the city. This positions it as a more affordable option, likely with lower utility and maintenance costs. The lot size of 5,900 sqft is standard for the area, offering adequate outdoor space without the burden of an excessively large yard.
Its appeal lies in its value proposition. For a buyer comfortable with a smaller interior footprint, the price reflects that adjustment while providing average city amenities on a decent lot. It would suit first-time buyers, downsizers, or investors seeking a straightforward, no-frills property in an established area. A thoughtful perspective is that a smaller, efficiently designed home on a standard lot can offer greater financial flexibility and a simpler lifestyle, allowing resources to be directed toward customization, savings, or the garden space the lot provides.
Frequently Asked Questions
1. Is the assessed value a good indicator of the likely selling price?
The assessed value of $375k is very close to the current street and neighborhood averages, suggesting it is a fair market valuation. It provides a reliable baseline for comparison and mortgage purposes.
2. How much of a factor is the smaller living area?
This is the home's most distinct feature. While it offers cost and efficiency benefits, it's essential to personally assess if the layout and 896 sqft of space meet your long-term needs for living, storage, and potential guests.
3. Is the 1972 build date a concern?
The age is average for the area. While major structural issues are unlikely, a standard home inspection is recommended to review the condition of the roof, wiring, plumbing, and insulation, which are typical update points for homes of this era.
4. What does the lot size mean for me?
At just under 6,000 sqft, the lot is very typical for the neighborhood. It provides a good balance of usable yard space without requiring excessive upkeep, and it is not a factor that would negatively distinguish this property from others nearby.
5. How does this property rank compared to others?
The data shows this home ranks higher (i.e., is more competitive) in its assessed value relative to the city than it does in its living space. This underscores that you are paying primarily for a well-valued standard lot and location, with a more compact house.