Property Overview: 1088 Consol Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 1088 Consol Avenue in Munroe East presents a specific value proposition. Built in 1968, it is a newer construction compared to many of its immediate neighbours, which can suggest updated infrastructure or a longer timeline before major system replacements. The 840 sqft living area is notably compact, ranking below average for the street, neighbourhood, and city, indicating a efficient, low-maintenance footprint. The lot size of just over 5,000 sqft is typical for the area.

Its primary appeal lies in its position as a modest, entry-level property with a relatively low assessed value. It suits first-time buyers or investors seeking an affordable point of entry into the Winnipeg market, where the cost of ownership is balanced by a smaller interior space. A thoughtful perspective is that the newer build year (for the area) combined with the smaller size could translate to lower heating and utility costs compared to larger, older homes. The property is likely best for those who prioritize land ownership and location over interior square footage, or for buyers with a vision to expand the living space in the future, given the average-sized lot.

Section 2: Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value (approximately $28,900) is used for calculating municipal property taxes. The market value, or what a buyer might pay, is determined by current market conditions and can be higher or lower. Recent sold price data for this home suggests a market value significantly above its assessment.

2. How does the smaller living area impact daily life?
The 840 sqft layout requires efficient use of space and is best suited for individuals, couples, or small families. It encourages a simpler lifestyle with less space to heat, clean, and maintain, but may feel cramped if you work from home or have frequent guests.

3. What does "newer build year" mean for a 1968 home?
In this context, it means the home was built later than many on its street and in Munroe East. Practically, this could mean elements like wiring, plumbing, or the foundation are a decade or more newer than neighbouring homes, potentially delaying some major upkeep expenses.

4. Why is the sold price history only shown as a range?
Exact sale prices in Manitoba are not publicly available online. The provided range is estimated from public data. You can request the precise sale history by email from the listing service, which manually verifies the records.

5. What can the lot size support?
The 5,014 sqft lot is standard for the area. It provides a good-sized yard for gardening, recreation, or pets. For the right buyer, it also presents a future opportunity—the lot could potentially accommodate an addition or a garage, subject to local zoning and permit approvals.