Property Overview

This is a compact, one-storey home built in 1954 on a notably generous lot in Winnipeg's Brooklands neighbourhood. Its primary appeal lies in the land itself—at 3,546 sqft, the lot size is well above average for both the immediate street and the broader area, presenting a clear value based on future potential. The living space is modest at 657 sqft, and the home lacks a basement, garage, or pool. With a very low assessed value and a recent 2021 sale price of $14,900, this property represents an entry point into the market. It would best suit a hands-on buyer looking for a land-value play, whether for future expansion, redevelopment, or as a manageable first home with room to grow outdoors. It’s a practical choice for an investor, a renovator with a vision for a small-footprint home, or someone seeking minimal property tax and maintenance costs while holding a strategic parcel of land.

Key Details & Questions

What are the main features of this property?
It is a 657 sqft, one-storey bungalow built in 1954, situated on a 3,546 sqft lot. It has no basement, garage, or swimming pool.

Why is the price so low?
The price reflects the home's very modest size, age, and basic condition. The value is primarily in the land, which is larger than typical for the area, rather than in the existing structure.

Who would this property be a good fit for?
It's ideal for a first-time buyer or investor comfortable with a project. Its appeal is strongest for those who see potential in the sizable lot for future gardening, expansion, or redevelopment, or who simply want an affordable entry into homeownership.

How does the lot size compare to others?
The lot is a key asset. It ranks in the top 25% on its own street and is above average for the Brooklands neighbourhood, meaning you get more outdoor space than most nearby properties.

What should I consider before viewing?
Prospective buyers should focus on the condition of the fundamental structure and systems (roof, foundation, wiring, plumbing), as the low price point suggests updates are likely needed. Also, investigate zoning bylaws to understand the full potential for any future lot usage or construction.