Property Overview & Key Characteristics

This 1924 one-storey home in Winnipeg's Robertson neighbourhood presents a classic, no-frills opportunity. Its primary appeal lies in its solid fundamentals: a generous 3,000 sqft lot that ranks in the top 11% of the area, paired with a modest 748 sqft living space that is still above average for the street. The home features a detached garage and an unrenovated basement, signalling a property that has been maintained in its original state rather than updated.

The profile suits a specific buyer. It's an ideal candidate for an investor or a hands-on homeowner looking for a "blank canvas" project. The above-average lot size for the neighbourhood is a significant asset, offering potential for expansion, gardening, or simply more outdoor space than typical nearby properties. The home’s assessed value ranks highly on its street, suggesting it is perceived as a solid asset in its immediate context. This isn't a move-in-ready showpiece; its value is in the land, the location, and the opportunity to add value through renovation or redevelopment according to a new owner's vision.

Frequently Asked Questions

1. What does "unrenovated basement" typically imply?
It usually means the basement is in its original, functional state. Expect a concrete floor, basic finishes, and older mechanical systems (like the furnace or wiring). It offers usable space for storage or laundry but will require investment to be finished as living space.

2. The lot is large, but the house is relatively small. What does this mean for me?
This is often seen as a key opportunity. The generous lot provides flexibility that many newer properties lack. It could allow for a future addition, a larger garage, or extensive landscaping. In established neighbourhoods, land is often the most appreciating part of the asset.

3. How significant are the high ranking scores for lot size and value?
They indicate the property's relative strength within its immediate area. A lot size in the top 11% of Robertson means you're getting more land than most of your neighbours, which is a competitive advantage. The high value rank suggests the city's assessment sees it as a above-average property on its block.

4. The home is over 100 years old. What should I be most concerned about?
While charm and structure are positives, priority checks should include the foundation, roof, plumbing, and electrical systems. An unrenovated state also means these core components may be original or very old, so a thorough inspection is essential to understand the scope of any needed updates.

5. Who would this property not be suitable for?
It's likely not a fit for someone seeking a low-maintenance, turn-key home. Given the probable need for system updates and cosmetic renovations, it requires a budget and tolerance for project management. It may also be challenging for those needing significant immediate living space, as the current square footage is compact.