Property Summary

Key Characteristics & Buyer Profile

This is a 1,146 sqft home built in 1951, on a 4,979 sqft lot, located on Thorndale Avenue in the St George area of Winnipeg. Its appeal lies in its balance of space and practicality. The living area is notably larger than the average for both the street and the neighbourhood, ranking in the top 25% locally. It offers decent interior square footage without the premium price tag of a bigger house. The assessed value of $280k sits below the average for the street ($306.7k) and the wider area ($316.8k), which can appeal to buyers looking for a more affordable entry point into this specific pocket of the city.

The property is well-suited for someone who values a functional, established home over something brand new. It's less about curb appeal or a "turnkey" renovation story and more about getting a solid, average-sized lot with a house that has room to breathe inside. The year built (1951) means it's likely a more traditional construction, and the lot size is close to the median for the street—not an oversized yard, but not a postage stamp either. First-time buyers or those looking to upsize without stretching into higher-priced brackets in St George would find this a grounded, realistic option. It’s a home that rewards a patient buyer willing to look past surface-level finishes.

Frequently Asked Questions

1. How does this property compare to others on the same street?
It ranks in the top 25% for living area on Thorndale Avenue, meaning it’s one of the bigger homes on the block. However, its assessed value is in the bottom 15%, making it one of the more affordable options in terms of tax base. This creates a notable gap: you get more interior space for less assessed cost than most neighbours.

2. Is the lot size considered small or big for the area?
It’s right at the middle for the street (top 48%), but slightly below average for the St George neighbourhood overall (bottom 22%). It’s not a large yard by area standards, but it’s not cramped either. Think of it as a comfortable, manageable lot rather than a sprawling property.

3. What does the assessed value of $280k mean in practical terms?
It means the city values the property lower than the local average. This generally results in lower annual property taxes compared to similar-sized homes nearby that have higher assessments. For a buyer, this can be a real, ongoing savings—though it may also reflect that the home needs updates or is in a less upgraded state than others.

4. Why is the living area above average but the assessment below average?
This is a key, less obvious point. It suggests the home may have good bones and generous room sizes, but its finishes, systems (like heating or electrical), or overall condition haven’t kept pace with the market. You’re paying for square footage, not for a fully renovated interior. It’s a home with potential, not a move-in-ready luxury unit.

5. What type of buyer is this property not for?
It probably won’t suit someone looking for a modern, open-concept layout or a completely finished, low-maintenance home. It also won’t appeal to buyers needing a large lot for gardening, sheds, or extensive outdoor entertaining. The house rewards someone willing to invest in incremental improvements over time rather than expecting instant perfection.