Property Summary: 826 Bannerman Avenue, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a practical, value-oriented opportunity in Winnipeg's Robertson neighborhood. Its key characteristic is a clear trade-off: the house itself is modest in size and older than most in the area, but it sits on a larger-than-average lot for the street. With 854 sqft of living space built in 1912, the interior is compact and will likely appeal to those comfortable with a classic, no-frills layout or seeing potential in updates. The assessed value of $208k is notably below both neighborhood and city averages, positioning it as an accessible entry point.

The appeal lies in its land and location. The 5,339 sqft lot is substantially larger than typical lots on Bannerman Avenue and in Robertson, offering valuable outdoor space and future potential that many nearby properties lack. This combination of a lower price point and a generous lot creates a distinct proposition. It would suit first-time buyers, investors, or downsizers seeking a footprint in the city without a premium price tag, particularly those who prioritize yard space over a large or modern interior. A thoughtful buyer might see the lot size as a long-term asset, offering privacy, gardening space, or expansion possibilities not commonly found at this price point.

Section 2: Frequently Asked Questions

1. Is the house in need of major updates?
Given its 1912 construction—older than nearly all comparable homes in Robertson—prospective buyers should budget for updates. While systems may be functional, the age suggests potential investments in plumbing, electrical, or insulation to meet modern standards and efficiency.

2. How does the sold price history work?
The listed sold price range (CA$150k–200k) is an estimate from public data, not the MLS. For the exact sale price and history, you must request a manual lookup from the site via email, as they do not have access to or display official MLS records.

3. What does the "below average" living area mean for daily life?
At 854 sqft, the living space is smaller than most homes in Winnipeg. This typically means fewer or smaller rooms, limited storage, and a more efficient use of space. It's well-suited for individuals, couples, or those comfortable with a cozy layout.

4. Why is the lot size considered a significant advantage?
The lot is over 1,000 sqft larger than the street and neighborhood averages. This provides more private outdoor space, better potential for landscaping, parking, or additions, and is a tangible asset that differentiates it from other homes in a similar price bracket.

5. How does the assessed value relate to the likely market price?
The assessed value ($208k) is for municipal tax purposes and is often below market value. The last known sold price fell within the $150k–200k range. Market price is determined by current conditions, but these figures indicate a home priced below typical area norms.