Property Overview: 122 Victoria Avenue E, Winnipeg

Section 1: Key Characteristics & Appeal

This Kern Park bi-level home presents a distinct profile. Its primary appeal lies in being a modern, low-maintenance property within an established neighborhood. Built in 2009, it is notably newer than most homes on the street and in the wider area, offering contemporary construction and likely fewer immediate repair concerns compared to the area's average home from the 1950s.

The home is compact, with 798 sqft of living space and a renovated basement, suited for efficient living rather than spaciousness. The lot is also smaller than typical, which translates to less yard upkeep. This combination of a newer build, efficient layout, and manageable lot size creates a compelling case for a first-time homebuyer, downsizer, or an investor seeking a modern rental property. Its assessed value is strong for Kern Park, ranking above average locally, which suggests it is well-regarded within its immediate context. The property suits someone prioritizing a move-in-ready, newer home in a convenient location over square footage or expansive outdoor space.

Section 2: Frequently Asked Questions

1. Is this a small house?
Yes. At 798 sqft, the living area is below average for the street, neighborhood, and city. The efficient bi-level layout and renovated basement provide functional space, but buyers seeking ample room should be aware.

2. What does "above average assessed value for Kern Park" mean?
It means the municipal property assessment for this home is higher than most in the immediate Kern Park area. This can reflect its newer construction and condition compared to neighboring, often older homes. It’s a positive indicator of its standing in the local market.

3. Who would this property suit best?
It's ideal for first-time buyers entering the market with a modern home, downsizers looking to reduce maintenance without leaving the neighborhood, or practical buyers who value newer systems and efficient design over sheer size.

4. What are the trade-offs for the newer construction?
The trade-off is primarily in space. You gain a modern home (2009) in an area of much older housing stock, but with less living area and a smaller lot than is typical. It’s a choice of quality/age of build versus quantity of space.

5. How does the lot size impact the property?
The lot is smaller than average, which means lower yard maintenance—a plus for those seeking simplicity. However, it offers less private outdoor space and limited potential for expansions like large decks or additions compared to larger lots in the area.