Property Summary: 549 Victor Street, Winnipeg
Key Characteristics & Appeal
This is a classic two-storey home built in 1907, offering 1,460 sqft of living space on a 2,350 sqft lot in the Daniel McIntyre neighbourhood. Its key appeal lies in its above-average interior space for both the immediate street and the local area, providing more room than many comparable homes nearby. The property presents a grounded opportunity: it’s a home with established character and a practical footprint, not a luxury offering. It suits buyers looking for a straightforward, no-frills property in a central location—particularly first-time homeowners, practical investors, or those who value interior space over a large yard or modern renovations. The basement exists but is unrenovated, and there is no garage or pool, highlighting its value as a functional canvas rather than a turn-key property. A thoughtful perspective is that its very average assessed value for the street and area suggests it’s priced in line with its immediate community, potentially offering stability without a premium, while its city-wide rankings indicate it represents a very different value proposition than newer suburban homes.
Frequently Asked Questions
1. How does the living space compare to other homes?
At 1,460 sqft, the living area is above average for both Victor Street and the wider Daniel McIntyre neighbourhood, ranking in the top 22% and 15% respectively. This is one of the home's standout features.
2. What is the property’s assessed value?
The assessed value is $20,900. This is around the average for homes on Victor Street and in Daniel McIntyre, but is significantly below the average assessed value for the entire city.
3. When was it last sold and for how much?
The home was last sold in September 2019 for $130,000.
4. What should I know about the lot and exterior features?
The lot is 2,350 sqft, which is slightly below average for the area. The home has no garage or swimming pool.
5. What does the "basement not renovated" condition imply?
This indicates the basement is functional but unfinished. It presents both a cost-saving on the purchase price and a future opportunity for customization or added living space, subject to necessary permits and inspections.