Property Overview: 1838 Assiniboine Avenue

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home in Bruce Park is defined by its generous proportions and established neighbourhood setting. Built in 1932, it sits on a 6,116 sqft lot—a size that is notably above average for both the neighbourhood and the city, offering valuable outdoor space. The living area of 1,928 sqft is also spacious, ranking well above local and city averages, suggesting a comfortable interior footprint. Key features include an attached garage and a renovated basement, adding functional living space.

The appeal lies in its solid, above-average size both inside and out within a mature community. It represents a classic Winnipeg home with room to breathe, suited for buyers who prioritize space and lot size over a newer build. It would particularly suit a practical buyer looking for a character home with updated essentials (like the basement), or a family valuing a larger yard in a central neighbourhood. A thoughtful perspective is that while the home is older than most on its street, this often correlates with larger lot sizes—a trade-off that can be highly desirable. Its assessed value is in line with the street but above the neighbourhood average, indicating it's a substantial property within Bruce Park.

Section 2: Frequently Asked Questions

1. What does the "Top" percentage ranking mean for the lot size?
The lot is 6,116 sqft, which is larger than 73% of similar properties in Bruce Park (Top 27%) and 72% of properties city-wide (Top 28%). However, on Assiniboine Avenue itself, lots tend to be very large, so this property's lot is actually below the street's average (Top 89%).

2. Is the living space configured over multiple floors?
Yes, as a one-and-a-half storey design, the 1,928 sqft of living area is spread over the main floor and a second, potentially cozier, level under a sloping roof, which is a classic architectural style for its era.

3. How recent was the basement renovation?
The detail page confirms the basement has been renovated, but the specific date or scope of the renovation is not listed here. This would be a key question for the listing agent.

4. The home was built in 1932. What should I consider?
While offering charm and likely solid construction, a home of this age may have older systems (like plumbing or electrical) unless they have been updated. The renovated basement is a positive sign, but a thorough inspection is always recommended.

5. Why was the recent sale price so different from the assessed value?
The property sold for $62.5k in July 2024, which is significantly lower than its $440k assessment. This large discrepancy strongly suggests the property was likely sold under unique, non-market conditions (such as a transfer between family members) and does not reflect its market value. Always rely on a comparative market analysis for current value.