811 Ebby Avenue

Property Summary: 811 Ebby Avenue

Key Characteristics & Appeal

This two-storey home in Winnipeg's Grant Park neighbourhood offers a practical, no-frills foundation in a highly regarded area. Built in 1978, its key characteristic is a renovated basement, adding valuable finished living space to the 960 sqft main footprint. The lot is a notable asset, as its 1,925 sqft size ranks in the top 3% for the street, offering above-average outdoor space for the location.

The appeal lies in its position within a mature, sought-after neighbourhood, combined with a manageable scale. It suits first-time buyers or downsizers seeking entry into a well-established community without the premium of a newer or larger home. The renovated basement provides immediate utility for a home office, recreation room, or guest space. A thoughtful perspective is that this property represents a "value lot" play—the land itself, in this location and of this size, is a significant component of the investment, with the house offering functional living space. It’s for a buyer who prioritizes location and lot potential over turn-key modern finishes or extensive square footage.

Frequently Asked Questions

1. Is there a garage or dedicated parking?
No, the property does not include a garage. Parking would be on-street.

2. How does the assessed value compare to the likely selling price?
The municipal assessed value is $26,600. It is important to note that assessed value for tax purposes is typically much lower than market value, as seen in the list of nearby comparable homes with similar assessments but varying market prices.

3. What is the neighbourhood like for families?
Grant Park is a mature, established neighbourhood known for its strong community feel, proximity to the Grant Park Shopping Centre, and highly ranked schools, making it consistently popular with families.

4. The home is nearly 50 years old. What should I consider?
While the basement has been renovated, a prospective buyer should budget for standard maintenance and potential updates common to homes of this age, such as roofing, windows, or major mechanical systems. A thorough home inspection is recommended.

5. The living area seems modest. How does the space feel?
With 960 sqft on the main floors plus a renovated basement, the home offers efficient, compartmentalized space rather than open-concept living. The above-average lot size means outdoor space helps extend the living area, which is a key feature.