Property Overview: 846 Mcmeans Avenue E, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home in Canterbury Park, built in 1978, presents a distinct profile defined by notable contrasts. Its primary appeal lies in its efficient use of space and its position as a newer build within its immediate context.

• Key Characteristics: The house sits on a modest, below-average lot size for the area but offers a living area (1,152 sqft) that is significantly larger than most direct neighbors on Mcmeans Avenue. It features an unrenovated basement and does not include a garage or pool. The assessed value is positioned below average for the wider neighbourhood and city.
• Where the Appeal Lies: This property is a pragmatic choice. Buyers get a relatively modern structure (it's one of the newest homes on its street) with a practical interior layout that maximizes living space efficiently. The below-average assessment for the area could signal an entry point into Canterbury Park, offering potential long-term value as surrounding properties are typically assessed higher.
• Ideal Buyer Profile: It would suit a first-time homebuyer or an investor looking for a straightforward, no-frills property in an established neighbourhood. It's also a potential fit for those who prioritize interior space over expansive yard maintenance and see the unrenovated basement as a blank canvas for future projects, rather than a drawback.

Section 2: Frequently Asked Questions

1. Is the lot size a disadvantage?
While the land area is smaller than most in Canterbury Park, it translates to less yard upkeep—a benefit for those seeking a low-maintenance exterior. The value here is focused on the interior living space.

2. Why is the assessed value below the neighbourhood average?
The below-average assessment likely reflects the home's more compact lot and the unrenovated basement condition. This can be an advantage, potentially resulting in slightly lower property taxes compared to neighbouring homes.

3. What does it mean that it's a "newer" build on the street?
Built in 1978, this home is among the newest on its block, where many homes are older. This can suggest newer core components (like wiring or plumbing) compared to much older stock, possibly reducing immediate concerns about antiquated systems.

4. How does the living area compare?
The home's interior is efficiently sized. It offers substantially more living space than the typical home on Mcmeans Avenue, yet is very close to the average size for the entire city of Winnipeg, making it a comfortably sized family home.

5. Was the last sale price typical?
The home sold for $27,200 in July 2022. It's important to consult with a real estate professional for a current market analysis, as this historical price reflects a specific market condition and may not represent today's value.