Property Overview: 875 Consol Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 875 Consol Avenue in Munroe East is a practical, no-frills property built in 1959. Its key characteristic is its modest scale: at 914 sqft, the living area is notably smaller than most comparable homes on its street, in the area, and across Winnipeg. This is balanced by a nearly 5,000 sqft lot that is typical for the neighbourhood. The assessed value is firmly in the average range for Munroe East, suggesting a price point that reflects its condition and location rather than its size.

The appeal lies in its straightforward value and potential. It suits a first-time buyer or an investor looking for an entry point into the Winnipeg market without a premium price tag. The below-average living space may appeal to those seeking lower utility costs and minimal upkeep, while the standard lot size offers outdoor space or future expansion potential. It’s a property for a pragmatic buyer who sees utility in a smaller footprint and values the lot over the current structure. A thoughtful perspective is that its smaller size and average valuation could represent a lower-risk holding in its area, insulating it from some market fluctuations that affect larger, more expensive homes.

Section 2: Frequently Asked Questions

1. Why is the living area considered below average?
At 914 sqft, the home is smaller than the typical comparable home on Consol Avenue (~1,050 sqft), in Munroe East (~1,009 sqft), and city-wide (~1,342 sqft). This is its most distinguishing characteristic.

2. What does the assessed value tell me about the price?
The assessed value of $28,900 is around the neighbourhood average. It indicates the city’s estimate of its value for tax purposes, which often serves as a baseline. The last known sale was between $250k-$300k in 2020.

3. Is the lot size a positive feature?
The lot of 4,949 sqft is very standard for Munroe East, matching area averages. It provides typical backyard space for the community but is not exceptionally large compared to the wider city.

4. What are the implications of the 1959 build date?
Built 67 years ago, the home is of a common vintage for its area. Buyers should budget for updates common to homes of this age, such as roofing, windows, and mechanical systems, while recognizing that many nearby homes share a similar age.

5. How can I find out the exact historical sale prices?
The provided sold price data is a range from public records. The listing notes that you can request the exact sold price history via email from the service, which they provide manually without using your email for marketing.