Property Overview: 643 Ebby Avenue

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home, built in 1947, presents a practical opportunity in Winnipeg's Ebby-Wentworth neighbourhood. Its key appeal lies in its balance of a generous, above-average lot size (4,305 sq ft) and a recently renovated basement, offering potential for outdoor space and expanded living area. With 981 sq ft of living space, it is comfortably sized for the immediate area and represents a more modest, manageable footprint.

The home suits first-time buyers or downsizers seeking an entry point into the market with a solid foundation and room to personalize. Its assessed value is notably below the citywide average, suggesting a potentially accessible price point. A thoughtful perspective is that while the home ranks below average citywide for size and age, it is competitive within its own established neighbourhood—a sign of a character home in a mature community, not an outdated property in a declining area. The absence of a garage may appeal to those prioritizing lower maintenance or seeking to use the large lot for other purposes.

Section 2: Frequently Asked Questions

1. What does the "renovated basement" include?
The listing confirms the basement has been renovated, but specifics on finish quality, ceiling height, permits, and whether it includes a separate entrance or legal suite would require confirmation with the seller or a viewing.

2. How does the low assessed value relate to the likely sale price?
The assessed value for taxation purposes ($25,600) is a legal benchmark but often differs significantly from market value. The sale history shows a nearby, very similar home sold for $27,500 in 2022, which may be a more relevant recent comparison.

3. What are the implications of the "one-and-a-half storey" design?
This typically means the second level has sloped ceilings (following the roof line), creating cozy bedrooms or spaces with character. It’s wise to assess if the layout and ceiling heights meet your needs.

4. Is the large lot a benefit for future expansion?
The above-average lot size is a definite asset, offering potential for gardening, recreation, or future additions like a garage or deck. Buyers should verify local zoning bylaws for any development plans.

5. How does this home compare to others on the same street?
The data shows this home has a larger lot than most on Ebby Avenue (top 22%) and a living area that is around average for the street. This suggests it offers a bit more outdoor space than its direct neighbours.