Property Overview: 922 Manitoba Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This is a classic one-storey home built in 1911, situated on a notably spacious lot of over 3,500 sqft in the Burrows Central neighbourhood. The house itself is compact at 683 sqft of living space and retains its original, unrenovated basement. There is no garage or pool. Its assessed value is modest relative to the wider city.

The primary appeal lies in the land itself. The lot size is significantly larger than the city average and is above-average for the immediate area, offering substantial potential for expansion, gardening, or future development. The price point, reflected in its below-average citywide assessment, positions it as an accessible entry into the market. This property would suit a practical, value-oriented buyer—such as a first-time homeowner comfortable with a project, an investor looking for a land-value opportunity, or someone seeking a modest footprint with ample outdoor space. Its charm is not in move-in-ready finishes, but in the foundational opportunity it presents.

Section 2: Frequently Asked Questions

1. What does "unrenovated basement" typically mean for a house of this age?
It most likely indicates a traditional stone or concrete foundation with original mechanical systems (like the furnace or wiring). Buyers should budget for inspections and potential upgrades to meet modern standards for insulation, moisture control, and energy efficiency.

2. The lot is large, but what are the possibilities for it?
Beyond a large yard, the lot size may allow for significant additions to the existing home, subject to zoning bylaws. It could also be suitable for adding a detached garage or workshop. Verifying any development restrictions with the city is an essential first step.

3. How does the 2021 sale price of $20,400 relate to the current $170,000 assessment?
The 2021 sale price was exceptionally low, potentially indicating a non-arms-length transaction or a sale in distressed condition. The current assessed value provides a more realistic, though not definitive, benchmark for its municipal valuation in the current market.

4. The living area is quite small. Is the layout functional for modern living?
At 683 sqft, the layout will be straightforward, likely with few separate rooms. This encourages efficient, minimalist living but may feel cramped for multiple people working or studying from home. Creative use of space and potential future expansion would be key considerations.

5. The home ranks "below average" for year built in every category. Should I be concerned?
A 1911 build date means systems and structure are over a century old. While this can mean charming character, it necessitates a thorough inspection for foundational integrity, outdated plumbing and electrical, and historical maintenance practices. It is a consideration for maintenance budgeting rather than an outright deterrent.