Property Summary: 733 Mcmeans Avenue E, Winnipeg

Section 1: Key Characteristics & Appeal

This is a compact, one-storey home in Canterbury Park, built in 1975. Its key characteristic is its modest scale, featuring 800 sqft of living space on a roughly 3,000 sqft lot. The home’s recent sale price and assessed value are notably below averages for the street, neighborhood, and city, positioning it as an accessible entry point. Its primary appeal lies in its renovated basement and its practical, no-frills layout, which offers a move-in-ready foundation without a premium price tag.

The property would suit first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property in a well-established area. Its below-average lot size for the street suggests less yard work, which could be a perk for those prioritizing simplicity. A thoughtful perspective is that while the home ranks below average in size and value metrics locally, its 1975 build date is actually newer than many immediate neighbors, potentially indicating more modern core systems than older area homes.

Section 2: Frequently Asked Questions

1. Is the basement included in the 800 sqft living area?
No, the 800 sqft refers to the above-ground living space. The basement is an additional, renovated area.

2. What does "below average" for land area mean practically?
The lot is approximately 3,000 sqft, which is smaller than many on the street and in Canterbury Park. This typically means a smaller yard, which can mean less maintenance but also less private outdoor space.

3. Why is the assessed value so much lower than the city-wide average?
The assessed value reflects the home's modest size, lot dimensions, and market position relative to all Winnipeg properties. It is consistent with the home's recent sale price and is characteristic of smaller, older bungalows in established neighborhoods.

4. Is there parking or a garage?
The listing specifies no garage. Parking is likely via a driveway or on-street, but this should be verified with a viewing or direct inquiry.

5. How does the 1975 build year compare to nearby homes?
Data shows the 1975 build is above average for Mcmeans Avenue E, where comparable homes average a 1968 build date. This suggests the structure may be relatively newer than others on the block.