Property Overview: 34 Brookshire Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 34 Brookshire Street in the Meadows neighbourhood presents a specific value proposition centered on land and location. Built in 1984, its 691 sqft living area is notably compact, ranking below average for both the street and the wider area. This positions it as a more affordable entry point into the housing market. The standout feature is the 4,248 sqft lot, which is above average for Brookshire Street, offering valuable outdoor space relative to its immediate peers.

The appeal lies in its efficiency and potential. The assessed value is modest and around average for the street, suggesting a lower property tax burden. It suits first-time buyers, investors, or downsizers seeking a manageable footprint without sacrificing yard space. It’s a practical choice for those who prioritize land ownership in a settled neighbourhood over interior square footage, viewing the home itself as a canvas for renovation or a functional starting point.

Section 2: Frequently Asked Questions

1. How does the smaller living area impact value and livability?
While the living space is compact, it results in a lower assessed value and likely a lower purchase price. This can make homeownership accessible, but buyers should realistically assess if the layout meets their daily needs or if a future expansion is feasible given the generous lot size.

2. The assessed value seems low compared to the city-wide average. Why?
The city-wide average is skewed by a wide variety of property types. This home’s assessment is more aligned with its specific neighbourhood and modest size. A lower assessment typically translates to lower annual property taxes, which is a tangible financial benefit.

3. What does the lot size ranking actually mean for me?
Ranking in the top 18% for land area on its street means you get more private outdoor space than most of your direct neighbours. This is a relative advantage for gardening, recreation, or future projects, even if the lot is below the neighbourhood average.

4. Is the 1984 build date a concern?
The build date is around average for the area. A home of this age may require updates to major systems like roof, windows, or heating. A thorough inspection is essential to understand the condition and any upcoming maintenance costs.

5. How can I find out the exact historical sale prices?
The provided sale price ranges are based on public data. To obtain the exact sale price for any transaction since 2016, you can use the email request service provided on the listing page. They manually provide the figures without using your email for marketing.