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328 Bannerman Avenue

BasementYes, not renovatedPoolNoGarageNoneBuilding TypeTwo Storey

Rankings

MetricSame streetSame areaCity-wide
Land Area
3,287 sqft
Top 69%396/577
Top 54%1336/2462
Top 84%163148/194458

328 Bannerman Avenue: For Land Area. On Bannerman Avenue, around averageTop 69%, rank 396 of 577, and comparable homes in that group average about 4,206 sqft. in St. John'S, around averageTop 54%, rank 1336 of 2462, and comparable homes in that group average about 3,821 sqft. citywide, below averageTop 84%, rank 163148 of 194458, and comparable homes in that group average about 6,570 sqft.

Year Built
1912 114 years ago
Top 68%395/577
Top 52%1290/2462
Top 92%178029/194458

328 Bannerman Avenue: For Year Built. On Bannerman Avenue, around averageTop 68%, rank 395 of 577, and comparable homes in that group average about 1936. in St. John'S, around averageTop 52%, rank 1290 of 2462, and comparable homes in that group average about 1923. citywide, below averageTop 92%, rank 178029 of 194458, and comparable homes in that group average about 1966.

Living Area
1,184 sqft
Top 28%164/577
Top 51%1263/2462
Top 52%100853/194458

328 Bannerman Avenue: For Living Area. On Bannerman Avenue, above averageTop 28%, rank 164 of 577, and comparable homes in that group average about 1,114 sqft. in St. John'S, around averageTop 51%, rank 1263 of 2462, and comparable homes in that group average about 1,261 sqft. citywide, around averageTop 52%, rank 100853 of 194458, and comparable homes in that group average about 1,342 sqft.

Assessed Value
190k
Top 75%433/577
Top 51%1251/2462
Top 93%180972/194458

328 Bannerman Avenue: For Assessed Value. On Bannerman Avenue, below averageTop 75%, rank 433 of 577, and comparable homes in that group average about 24.30k. in St. John'S, around averageTop 51%, rank 1251 of 2462, and comparable homes in that group average about 20.10k. citywide, below averageTop 93%, rank 180972 of 194458, and comparable homes in that group average about 390k.

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Highlights & common questions: 328 Bannerman Avenue, Winnipeg

Property Overview

This two-storey home on Bannerman Avenue in Winnipeg's St. John's neighbourhood is a classic character property with solid fundamentals. Built in 1912, it sits on a larger-than-average lot (3,287 sq ft) for the area and offers 1,184 sq ft of living space. Its assessed value of $190k ranks highly compared to most of Winnipeg. The home has a basement, but it is not renovated, and there is no garage or pool.

Key Characteristics & Appeal

The primary appeal of this property lies in its established location and the opportunity it presents. The lot size is a significant asset, offering more outdoor space and potential than many nearby properties. While the home itself is over a century old and may require updates, its above-average assessed value suggests a solid underlying worth for the street and city. This isn't a move-in-ready modern showhome; its charm is rooted in its history and potential. It would suit a buyer looking for a character home in a long-established neighbourhood, who is prepared to take on a project. This could be a first-time buyer seeking an entry point into the market with room to grow equity through renovations, or an investor attracted by the lot size and value fundamentals in a mature community. A less obvious perspective is that the highly-ranked assessed value, relative to the city, could indicate a degree of stability or desirability that isn't immediately apparent from the home's age alone.

Frequently Asked Questions

1. What does "basement, not renovated" typically mean?
This usually indicates the basement is in original or utilitarian condition. It is likely functional for storage and utilities but would require finishing to become formal living space.

2. How significant is the lot size?
At 3,287 sq ft, the lot is notably larger than many in the neighbourhood and city. This can provide more privacy, yard space, and future potential, such as for an addition or garden.

3. The home is 114 years old. What should I be prepared for?
Buyers should budget for potential updates to major aging components like plumbing, electrical, or the roof, and anticipate a character layout that may differ from newer homes. A thorough inspection is essential.

4. The assessed value is $190k, but what will it likely sell for?
Assessed value is for municipal tax purposes and is not a direct indicator of market value. The sale price will be determined by current market conditions, the home's specific state, and buyer demand.

5. There's no garage. What are the parking options?
The property likely relies on on-street parking, which is common for homes of this era in the area. It's important to check local street parking regulations for any restrictions.

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