Property Overview
This one-and-three-quarter storey home, built in 1905, presents a classic character property in Winnipeg's Daniel McIntyre neighbourhood. At 928 square feet of living space, it offers a compact and manageable footprint. A key feature is its renovated basement, adding functional space, and it includes a detached garage. The property sits on a 2,323 sqft lot, which is a fairly standard size for the immediate area. Its assessed value positions it as a more accessible entry point within the city’s housing market.
The appeal here lies in its practicality and location. It suits first-time homebuyers or investors looking for a lower-barrier-to-entry property in an established inner-city community. It’s a home for someone who appreciates the charm of an older build but desires a modern, finished basement, and values having private parking with the detached garage. A thoughtful perspective is that its smaller size and efficient layout can mean lower utility costs and less maintenance, offering a simpler living arrangement without sacrificing the benefits of homeownership.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 928 sqft, the living area is below the city-wide average but is fairly typical for older homes on Toronto Street itself. It’s a compact layout ideal for individuals, couples, or small families.
2. What does the assessed value indicate about this property?
With an assessed value significantly below the Winnipeg average, this property is positioned in a more affordable tier of the market. This often correlates with a lower property tax burden, which is a key ongoing cost for owners.
3. Is the renovated basement a full suite?
The details confirm a renovated basement, which adds valuable finished space. Buyers should verify the specific permits and nature of the renovation (e.g., legal suite, recreational room) to understand its utility and compliance.
4. What are the implications of the home's age (1905)?
Built in 1905, the home has historic character but requires a diligent inspection. Potential buyers should focus on the condition of major updated systems (roof, wiring, plumbing, foundation) and budget for the maintenance typical of a century-old structure.
5. How does the lot size affect potential for expansion or outdoor space?
The lot is under 2,500 sqft, which is common for the neighbourhood but offers limited space for major additions. The focus for outdoor living would be on a patio or garden rather than extensive yard space, aligning with a lower-maintenance lifestyle.