Property Overview: 238 Battery Street, Winnipeg
Key Characteristics & Buyer Profile
This home is a classic one-and-a-half storey property built in 1913, situated on a notably spacious 3,870 sqft lot in the Burrows Central neighbourhood. Its key features include a detached garage and an unfinished basement. With 990 sqft of living space, the house itself offers a compact footprint.
The primary appeal lies in its land value and location context. The lot size is well above average for both the immediate street and the broader Burrows Central area, ranking in the top 23% locally. This presents a significant opportunity for buyers interested in outdoor space, gardening, or future expansion. The home’s assessed value is notably modest, especially when compared to the Winnipeg city-wide average, suggesting an accessible entry point into the market.
This property would best suit pragmatic first-time buyers, investors, or handy homeowners who value land size over a move-in-ready condition. It’s ideal for someone comfortable with a home that has character and history, seeing the unfinished basement and older structure not as drawbacks, but as a blank canvas for gradual, value-adding improvements. The data indicates you are purchasing a proportionally large piece of land with a modest structure on it—a compelling proposition for the right buyer.
Frequently Asked Questions
1. What does the assessed value tell me about the property tax?
The assessed value of $15,300 is for municipal taxation purposes and is typically much lower than market value. It indicates property taxes will be relatively low, but it is not a direct reflection of the home’s expected sale price.
2. How significant is the lot size?
Very. At 3,870 sqft, the lot is larger than approximately 77% of comparable properties on Battery Street and 77% in Burrows Central. This is a standout feature, offering more private outdoor space than most in the area.
3. What should I consider with a home built in 1913?
While full of character, a home of this age will likely require ongoing maintenance and updates to systems like wiring and plumbing. The unfinished basement allows you to inspect the foundation and mechanicals easily, but budgeting for modernizations is wise.
4. How does this home compare to others nearby?
The home is very typical for its immediate area in terms of living space, age, and assessed value. Its key differentiator is the larger land parcel. The provided comparable listings show similar vintage homes with a range of sizes and values, confirming this is a standard offering for the neighbourhood with a land advantage.
5. Is the unfinished basement a pro or a con?
This depends on your perspective. It’s not a renovated living space, so it doesn’t add immediate finished square footage. However, it provides ample storage, easy access to utilities, and complete flexibility to develop it in the future according to your needs and budget, without needing to undo previous work.