Property Summary: 510 Agnes Street, Winnipeg
Key Characteristics & Buyer Appeal
This is a character home in Winnipeg's Daniel McIntyre neighbourhood, built in 1905. With 1,276 sqft of living space, it offers a practical footprint that is typical for the area. A key feature is its renovated basement, adding functional living space. The home sits on a modest, city-sized lot of 2,350 sqft.
Its primary appeal lies in its established location and the value proposition of a renovated, move-in-ready character property. The recent sale history suggests a active market. It suits first-time buyers or downsizers looking for a lower-maintenance home with historic charm, without the larger yard upkeep. It also appeals to value-conscious buyers seeking a home in a central neighbourhood where the investment is in the dwelling itself rather than the land size. A thoughtful perspective is that while the lot is smaller than average, this can mean less exterior maintenance and a closer-knit street feel, which some buyers prefer.
Frequently Asked Questions
1. How does the home's size compare to the area?
The living area is very close to the neighbourhood average, making it a standard-sized home for Daniel McIntyre. It provides a comfortable amount of space without being oversized.
2. What does the assessed value indicate?
The municipal assessed value is significantly lower than the recent sale price, which is common. It reflects a value for taxation purposes and should not be confused with current market value. The recent sale price is a far more accurate indicator of its worth.
3. Is the smaller lot size a concern?
The lot is smaller than most in the immediate area and citywide. This limits expansive outdoor space but translates to less yard work. It's a trade-off that depends on the buyer's lifestyle needs.
4. What does the year built mean for maintenance?
Built in 1905, the home is over a century old. While the renovated basement is updated, prospective buyers should budget for and inspect the ongoing maintenance typical of a character home, including potential updates to original systems like plumbing or wiring.
5. How does the recent sale history inform the price?
The home sold in July 2022. This recent transaction provides a concrete, modern benchmark for its market value, making it easier to gauge compared to listings that rely solely on older data or assessments.