Property Overview

This 1910 one-and-a-half storey home on Manitoba Avenue presents a distinct opportunity. Its key appeal lies in its above-average living space (1,265 sq ft) for the immediate area, offering more room than many neighbouring homes. The property includes a detached garage and a full, unrenovated basement, providing functional space and potential. However, its land size (2,990 sq ft) and notably low municipal assessed value are well below local averages, indicating it is a more modest parcel in a neighbourhood of modest homes.

This home suits a practical buyer looking for solid interior space without a premium lot size, potentially a first-time homeowner or an investor. Its character and age mean it appeals to those comfortable with or interested in a home with history, likely requiring updates. The low assessment suggests very manageable property taxes, a significant long-term benefit. A thoughtful perspective is that this property represents the "bones" of a neighbourhood—a century-old home on a standard city lot—offering affordability and space in a central location, but not the extra land or modern foundations of newer subdivisions.

Frequently Asked Questions

1. What does the low assessed value indicate?
It primarily indicates a very low municipal tax assessment, which translates to lower annual property taxes compared to many other homes. It generally reflects the home's age, condition, and market position rather than a direct sale price.

2. Is the basement usable?
The listing confirms a full basement exists but specifies it is "not renovated." It provides valuable storage and mechanical space, but any finished living space would be a project for the buyer.

3. How does the living area compare?
The living area is a standout feature. At 1,265 sq ft, it ranks in the top 19% for size on its street and the top 11% in the Burrows Central neighbourhood, meaning it offers more interior space than most comparable nearby homes.

4. What should I consider about the year built (1910)?
Homes from this era often feature solid construction and character, but will likely require updates to mechanical systems (like wiring and plumbing), insulation, and windows to meet modern efficiency standards. An inspection is essential.

5. How does the land size affect the property?
At 2,990 sq ft, the lot is smaller than many in Winnipeg. This means lower exterior maintenance but also limits potential for expansions like large additions or pools. It is a standard city lot for its central location.