Property Overview: 562 Agnes Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home in Daniel McIntyre presents a classic Winnipeg character property with practical updates. Its key features include a renovated basement, a detached garage, and a notably generous lot of nearly 3,900 sqft—a standout in the neighbourhood where it ranks in the top 10% for land size. With 1,116 sqft of living space, the home is functionally sized, sitting around the average for both the street and the area.
The primary appeal lies in its established location and the value of the land itself. The above-average assessed value for the street and neighbourhood suggests the property is well-regarded in its immediate context. It suits a buyer looking for a home with classic architecture and outdoor space in a central community, who appreciates a property that has seen some modernization (like the basement) but may be ready for further personalization. The very high citywide ranking for year built (top 98%) indicates it’s significantly older than the Winnipeg average, which will attract those who value historic charm but requires a realistic approach to maintenance and potential updates.
Section 2: Frequently Asked Questions
1. What does the assessed value tell us about this property?
While the assessed value is above average for Agnes Street and Daniel McIntyre, it is below average citywide. This indicates the property is a strong performer within its specific, established neighbourhood market, but its value is reflective of the area's overall price point compared to newer or different city sectors.
2. How significant is the lot size?
At 3,896 sqft, the lot is a major feature. It ranks in the top 9% on the street and top 7% in the neighbourhood, meaning it offers more outdoor space than most nearby properties. This allows for greater privacy, gardening potential, or future expansion where bylaws permit.
3. The home was built in 1905. What should I consider?
A home of this age has enduring character but requires a mindful inspection. Key systems like wiring, plumbing, and the foundation should be evaluated for updates. Its above-average assessment for the area, however, suggests it has been maintained in line with or better than many neighbouring heritage properties.
4. How does the living space compare?
At 1,116 sqft, the living area is slightly below the neighbourhood average. This points to a efficient, likely well-defined floor plan rather than a sprawling layout. It’s suited for smaller households, first-time buyers, or those looking to right-size.
5. What can the last sale price (2016) tell me?
The 2016 sale provides a historical benchmark, showing the property’s price point from nearly a decade ago. It is most useful for understanding the owner’s equity position, not the current market value, which will be influenced by recent market conditions, the renovated basement, and the premium lot size.