Property Overview: 1865 Legion Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Brooklands presents a distinctive profile defined by its generous lot and historic roots. Its primary appeal lies in the combination of a very large, nearly 5,000 sqft lot—significantly above average for both the street and the neighbourhood—and a living space (1,240 sqft) that ranks among the largest on Legion Avenue. The home itself, built in 1910, is a century-old property, offering character and a clear renovation opportunity. A recently renovated basement and a detached garage add functional value.

This property would suit a specific type of buyer: those looking for a land-rich opportunity in the city. It’s ideal for a hands-on buyer with a vision, whether that’s updating a classic home to modern standards, expanding the existing footprint (thanks to the sizable lot), or considering long-term redevelopment potential. The lower assessed value reflects its age and condition, positioning it as an entry point into the market with the lot size as the key asset. It’s less suited for someone seeking a move-in-ready modern home without project work.

Section 2: Frequently Asked Questions

1. What does the "Elite" ranking for Living Area actually mean?
It means that, compared to other homes directly on Legion Avenue, this house's interior square footage is in the top 5%. While the home is older, it offers more living space than most of its immediate neighbours.

2. The sale history shows a price of $35,800 in 2022, but $230,000 in 2020. Why the huge drop?
This significant discrepancy typically indicates a non-arms-length transaction, such as a transfer between family members, a sale to a trust, or a distressed sale. The 2020 price is more likely representative of the market value at that time.

3. Is the low assessed value a good thing?
It has two sides. It suggests municipal property taxes may be relatively lower. However, it also formally reflects the city's valuation of the property as-is, which is influenced heavily by the home's age. The market sale price will be determined by what buyers are willing to pay for the lot and potential.

4. How should I interpret the lot size being "around average" city-wide?
While the lot is large for Brooklands, average lot sizes across all of Winnipeg are skewed higher by newer suburban developments. This lot is a standout feature in its established neighbourhood context, which is more relevant for daily living and future potential.

5. What are the practical implications of a 1910 build date?
Expect older building materials and systems. While this adds charm, it necessitates thorough inspections for foundation, wiring, and plumbing. The renovated basement is a positive update, but the main structure will likely require ongoing maintenance and thoughtful, potentially more complex, renovations.