Property Overview

This two-storey home at 1836 Mcdermot Avenue W in Winnipeg's Brooklands neighbourhood presents a distinct profile. Built in 2021, it is a modern structure on a modestly sized lot. The home features 1,318 sqft of living space and includes a basement. There is no garage or pool.

Key Characteristics & Appeal

The primary appeal of this property lies in its combination of new construction and its positioning within an established, older neighbourhood. As a 2021 build, it stands out significantly; it is newer than 99% of homes on its street and 97% of homes in Brooklands, offering modern building standards, energy efficiency, and minimal immediate maintenance. The living space is generous for the area, ranking well above the local averages.

Its appeal is nuanced. For a buyer, it means moving into a turn-key, modern home without the typical "new suburb" setting. The trade-off is a smaller land footprint—the lot is compact compared to most in the city and immediate area. This makes it suitable for those who prioritize a modern, low-maintenance home over a large yard. It would particularly suit first-time buyers or downsizers seeking a newer build in a budget-conscious market, and investors looking for a relatively new property with potential for long-term capital stability in an evolving area. The recent sale history shows strong value retention and growth relative to its immediate peers.

Frequently Asked Questions

1. What are the main advantages of this home being so new in an older area?
You benefit from modern construction, likely better insulation, wiring, and plumbing, which can mean lower utility costs and fewer repair concerns in the short to medium term, all within a mature neighbourhood with established amenities.

2. The lot size is noted as below average. How does this impact the property?
The compact lot (2,494 sqft) means less outdoor maintenance and a smaller yard. This is a practical advantage for those not wanting extensive gardening or upkeep, but it may not suit those seeking significant private outdoor space for play or entertaining.

3. How does the assessed value compare to the recent sale price?
The home last sold for $38,800 in July 2024, which is above its $33,800 assessed value. This indicates the market currently values the property higher than its city assessment, a common occurrence with recent sales, especially for newer homes in older areas.

4. There's a basement, but it's noted as "not renovated." What does that mean?
The basement is unfinished. It provides valuable storage space and future expansion potential, but it would require investment to be converted into livable space like a rec room or additional bedroom.

5. Who would this property not be ideal for?
It may not suit buyers who prioritize a large garage (it has none), a swimming pool, or a large, sprawling yard. Those seeking a historic character home or extensive renovation projects would also find this modern build less aligned with their goals.