Property Overview: 2100 Portage Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a distinctive, one-storey home in Winnipeg's Birchwood area, sitting on an exceptionally large, half-acre lot (19,060 sqft). Built in 1950, the home itself is a generous 1,825 sqft and features a renovated basement, plus the notable benefit of both an attached and a detached garage.

The primary appeal lies in its rare combination of space and value. The property ranks in the top 2% of Winnipeg for lot size, offering a level of outdoor privacy and potential rarely found within the city. This isn't just a yard; it's a canvas for gardens, recreation, or future expansion. While the house is older, its above-average living area and updated basement suggest functional, comfortable living space. The dual garage setup is a significant practical asset for hobbyists, multi-vehicle families, or those seeking extra workshop or storage space.

This property would best suit a buyer who prioritizes land over a turnkey modern home. It's ideal for someone with a vision—whether for extensive gardening, creating outdoor living areas, or potentially exploring future development options (subject to zoning). It also appeals to those needing ample practical space for vehicles, projects, or a growing family, and who appreciates the character and established neighbourhood feel that comes with a home of this vintage.

Section 2: Frequently Asked Questions

1. What does the assessed value versus last sold price indicate?
The assessed value for tax purposes is $53.70k, while it last sold for $440k in January 2021. This large discrepancy is normal; municipal assessments in Manitoba are typically much lower than market value and should not be used as a direct price guide. The sale price from 2021 is a more relevant, though dated, market data point.

2. How does the age of the home (1950) factor in?
While the home is 76 years old, placing it in the newer quarter of Winnipeg homes overall, it will likely have older mechanical systems (like plumbing and electrical) and may require maintenance or updates. The renovated basement is a positive, but a thorough inspection is essential to understand the condition of the core structure and systems.

3. The lot is huge. Are there any restrictions on what I can do with it?
The potential is a major draw, but it's not unlimited. You must consult with the City of Winnipeg's zoning bylaws to understand what is permitted—be it for adding structures like a shed or garage, building an addition, or even subdividing the lot (which would be a complex, long-term process).

4. The home ranks very high for lot size but lower for year built on its street. What does this mean?
This suggests the property is one of the larger holdings on Portage Avenue, but the house itself is older than most of its immediate neighbours. This can be seen as an opportunity: you own a premium-sized parcel in an area where newer homes exist, which can be advantageous for future value.

5. What is the neighbourhood (Birchwood) like?
The rankings show the property's lot size is in the top 6% for Birchwood, meaning it's among the largest in an already desirable neighbourhood. This indicates a well-established area with a mix of property types and ages, where this home stands out for its land.