Here is the summary of the property, written in a natural, straightforward style.

Key Characteristics & Buyer Profile

This is a compact, mid-century home (built 1959) on a modest lot. The living area measures 728 square feet, which places it in the bottom 5% citywide in Winnipeg and well below the typical home on Parker Avenue. While the home itself is small, its assessed value sits right around the average for the area at $315,000, suggesting the price reflects the land or location more than the square footage. The land is also below average at 3,564 square feet, ranking in the bottom 20% across the city.

The appeal here isn’t about space. It lies in affordability and a lower entry point into a specific neighbourhood (Beaumont) without the premium usually attached to larger lots or renovated homes. This property suits a buyer who is willing to trade square footage for location, or someone looking for a project on a budget—perhaps a first-time buyer, a downsizer who wants minimal upkeep, or an investor focused on a smaller footprint. A less obvious perspective: because the living area is so far below the norm for the street, the home may have historically functioned as a rental or a starter home, meaning its floor plan could be economical but also potentially inefficient compared to newer compact designs.

Frequently Asked Questions

1. Why is the living area ranked so low, but the assessed value is around average?
Assessed value considers the whole property, not just the house. In this case, the value is likely driven by the land and the location in Beaumont, rather than the size of the home itself. Homes with larger square footage on comparable lots are more expensive, but this one provides a lower-cost entry into the same neighbourhood.

2. Is this house a tear-down, or is it worth renovating?
That depends on the condition of the structure (which this data doesn’t show). Given its age and small footprint, a full renovation may not be financially sensible unless you plan to live there long-term. However, the below-average lot and low square footage also mean it may not be an obvious tear-down candidate for a developer looking to maximize square footage. It’s best suited for someone willing to work with what’s there.

3. How does the lot compare to other homes on Parker Avenue?
The land is below average for the street. Parker Avenue has a wide range of lot sizes, but this property ranks in the bottom 24% specifically for its street. Keep in mind that “below average” here still means a 3,564-square-foot lot, which is typical for older urban infill areas.

4. What does “around average” mean for the year built?
The home was built in 1959, which is very close to the median for homes on Parker Avenue and in Beaumont. This era often means solid construction with potential for original features, but also systems (plumbing, electrical, insulation) that may need updating. It’s not notably old or new for the area.

5. Is a 728-square-foot home practical for a family?
Generally, no—it’s more suited to a couple, a single person, or someone with minimal space needs. Families would likely find it very tight unless the layout is unusually efficient. That said, the smaller footprint means lower utility bills and less maintenance, which can appeal to a minimalist lifestyle or someone prioritizing location over space.