Property Overview: 83 Polson Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home on Polson Avenue in the Luxton neighbourhood presents a distinct profile. Its key characteristic is a generous living space of 1,512 sq ft, which ranks in the top 7% for size on its street and is notably larger than many area homes. This is balanced by its 1910 construction, which offers classic character but suggests a focus on maintenance and potential updates. The lot size is compact relative to the city overall, but typical for the area, offering manageable outdoor space.

The appeal lies in this combination of ample interior room within a well-established, central community. It suits a practical buyer who values space over a newer build—perhaps a family needing room to grow, or an owner comfortable with the charm and considerations of a century-old home. The assessed value is modest relative to the city-wide average, positioning it as a value-conscious entry into a neighbourhood with larger-than-average homes. It’s a property for those who see potential in solid square footage and location, rather than a modern turn-key purchase.

Section 2: Frequently Asked Questions

1. What does the "below average" ranking for Year Built actually mean?
It means the home, built in 1910, is older than most houses across Winnipeg. In its immediate Luxton area, however, its age is much more typical. This highlights the neighbourhood's established character but underscores the importance of a thorough inspection for systems like wiring, plumbing, and the foundation.

2. The living area is large, but the assessed value is relatively low. Why?
The assessed value is calculated for tax purposes and is influenced by many factors, including the home’s age, the lot size, and recent sales in the area. The discrepancy between spacious interiors and a lower assessment can sometimes indicate a home that needs modernization, which isn't fully captured in the tax valuation.

3. How reliable is the sold price range shown for 2022?
The range is based on available public data. To get the exact sale price, you must request it directly from the site via email. This is a common practice to ensure accuracy and verify the buyer’s genuine interest.

4. What are the real considerations with a compact lot in this context?
While the land area is below the Winnipeg average, it is fairly standard for Polson Avenue and Luxton. This means lower maintenance, but also limited space for expansions, large gardens, or adding a detached garage. It emphasizes the property as a home, not a land play.

5. Who would this property not suit?
It may not suit buyers seeking a modern, low-maintenance home, or those prioritizing a large yard. The data suggests it’s also less ideal for investors focused solely on new properties with the highest city-wide appraisal metrics, as its value is more rooted in its immediate locale and living space.