Property Overview
1646 Roy Avenue is a modest, well-situated home in Winnipeg's Weston neighborhood. Built in 1946, it offers 880 sqft of living space on a larger-than-average 4,156 sqft lot for the area. Its assessed value is notably lower than averages at every level—street, neighborhood, and city—presenting a clear value proposition. The home fits comfortably within its immediate surroundings, ranking around average for its street in size and age, but stands out with a more generous lot size compared to the wider neighborhood.
Key Characteristics & Appeal
This property’s primary appeal lies in its affordability and land size. With an assessed value significantly below city and even neighborhood averages, it represents a genuine entry point into the Winnipeg market. The lot is substantially larger than typical in Weston, offering valuable outdoor space or future potential in a neighborhood where lots are generally smaller. The home itself is of a practical size, common for its era and street.
It would suit first-time buyers or investors seeking a straightforward, lower-cost property with the stability of an established neighborhood. It’s also a sensible choice for those who prioritize land over a large interior footprint. A less obvious perspective is its "middle-of-the-pack" standing on its own street; it doesn’t stand out as the oldest, smallest, or highest-valued, which can mean fewer surprises and a stable, predictable community context.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
The assessed value reflects factors like the home's smaller size, age, and specific market conditions in the Weston area compared to the wider city. It indicates this is a more affordable property within Winnipeg.
2. What does the lot size ranking mean for me?
The lot is larger than about 80% of comparable properties in the Weston neighborhood. This means you’re getting more outdoor space than is typical for the area, which could be used for gardening, recreation, or future expansion.
3. Is the home older than others nearby?
It was built in 1946, which is slightly older than the average on its street (1950) but actually newer than the average for the broader Weston neighborhood (1937). It's a well-established home in a well-established area.
4. How does the living space compare to nearby homes?
At 880 sqft, it is very close to the average for both Roy Avenue (871 sqft) and the Weston neighborhood (936 sqft). It is, however, notably smaller than the Winnipeg city average, which is part of what contributes to its affordability.
5. Are there any obvious red flags based on this data?
The data itself doesn't show red flags, but rather a consistent profile of a modest, older home. The low assessed value relative to the city is a reflection of its scale and market, not necessarily a concern. As with any older home, a thorough inspection is recommended to understand its specific condition.