808 Atlantic Avenue

Property Overview: 808 Atlantic Avenue

Key Characteristics & Buyer Appeal

This home is a classic one-and-three-quarter storey house built in 1914, offering a blend of historic charm and practical space on a large, approximately 5,000 sqft lot in Winnipeg's Robertson neighbourhood. Its key appeal lies in its generous proportions relative to the area: the 700 sqft living area is notably larger than most homes on the street and in the wider city, while the lot size ranks in the top 7% of its immediate block. It features a detached garage and a basement, which is noted as unrenovated, presenting potential for future development.

The property suits buyers looking for a character home with ample outdoor space and the foundational structure to customize over time. Its strong rankings for lot size, living area, and assessed value within its immediate vicinity suggest it is a substantial property for the street. The very low assessed value indicates it is likely a project home, ideal for an investor, a hands-on first-time buyer comfortable with renovations, or someone seeking a large lot with an existing house. A less obvious perspective is its appeal to those who value "more house and land" over a modern finish, seeing the unrenovated state not as a drawback but as a blank canvas to avoid paying a premium for someone else's possibly dated renovations.

Frequently Asked Questions

1. What does "one-and-three-quarter storey" mean?
This is a traditional architectural style where the second floor has slightly less full-height ceiling space than the main floor, often featuring dormers. It typically offers more space than a bungalow but with a different layout than a full two-storey home.

2. The assessed value seems very low. What does that indicate?
The assessed value is for municipal tax purposes and is based on mass appraisal techniques and market area trends. A value significantly below likely market price often reflects the home's unrenovated condition, suggesting it's priced as a land-value-plus-structure opportunity rather than a move-in-ready home.

3. How does the lot size compare to newer homes?
At nearly 5,000 sqft, the lot is substantially larger than those found in many modern suburban developments, offering rare potential for gardening, expansion, or outdoor living in the city.

4. What is the significance of the various ranking percentages?
These rankings compare this property's specific features (like living area or year built) against all other homes on its street, in Robertson, and in all of Winnipeg. For example, its living area being in the "Top 14%" on its street means it is larger than 86% of its closest neighbours.

5. The home is 112 years old. What should I be most concerned about?
While charm and solid construction are benefits, key considerations for a home of this age include the condition of the foundation, roof, wiring, plumbing, and insulation. The unrenovated basement specifically warrants a thorough inspection for moisture and structural integrity.