1910 Elgin Avenue W

Property Overview: 1910 Elgin Avenue W, Brooklands, Winnipeg

Section 1: Key Characteristics & Appeal

This is a modern, low-maintenance bi-level home built in 2020, offering a turn-key opportunity in Winnipeg's Brooklands neighbourhood. Its primary appeal lies in its combination of new construction and a notably low property tax burden, as reflected in its assessed value of $30,900, which ranks well above average for its immediate street and area. With 983 sqft of living space, it provides efficient, contemporary living without the upkeep concerns of an older home.

The property suits first-time buyers seeking an affordable entry into the market with modern systems, or investors looking for a newer rental property with predictable costs. Its compact, manageable size is ideal for individuals, couples, or small families. A thoughtful perspective is the lot size: at 2,598 sqft, the land is smaller than many area comparables. This translates to less yard maintenance—a perk for some—but may limit expansion possibilities. The home represents a practical choice where the value is in the modern structure itself rather than the land footprint, appealing to those prioritizing the building's condition and annual carrying costs over lot size.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than typical home prices?
The assessed value, used for calculating property taxes, is significantly lower than market sale prices for homes. This indicates the current owner likely benefits from very low annual property taxes, a key financial advantage that often appeals to the next buyer.

2. What does "bi-level" mean for this home?
A bi-level typically features an entryway between two split levels. You likely walk into a small foyer with stairs leading up to the main living area (kitchen, living room) and down to a lower level with additional rooms. The listing confirms a basement exists but notes it is not renovated.

3. The home sold for $27,300 in 2020. What does that indicate?
That was likely the sale price of the vacant lot just before the current home was built in 2020. The 2020 sale reflects the land value prior to construction, not the value of the finished house.

4. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is below the area average, which may limit outdoor space or future additions like a large garage. However, it also means less yard work and lower landscaping costs, which can be a desirable trade-off for a modern, low-maintenance lifestyle.

5. What are the implications of the "not renovated" basement?
The lower level is finished as part of the bi-level layout but has not been updated since the home was built. It's move-in ready but may have a builder-grade finish. This presents a blank canvas for future personalization without the immediate need for investment.