Property Overview: 588 Arlington Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1928, presents a classic character property with practical updates. Its key features include a renovated basement and a detached garage. With 1,099 sqft of living space, it sits around the neighbourhood average, offering a comfortable footprint for a small family, couple, or first-time buyer.
The appeal lies in its established Daniel McIntyre location, where it represents a grounded, no-frills opportunity. The home's assessed value is notably below the Winnipeg citywide average, which can translate to lower property taxes—a significant, often overlooked financial benefit. While the lot size is modest for the street, it requires less maintenance. The renovated basement adds immediate functional living space without the need for a project.
This property would best suit value-conscious buyers looking for a move-in-ready character home in a central neighbourhood, or an investor seeking a property with a solid baseline and manageable upkeep. It’s a pragmatic choice over a flashy one, offering the charm of an older home with one major modern improvement already handled.
Section 2: Frequently Asked Questions
1. How do the property taxes for this home likely compare to a newer build in the suburbs?
Based on its assessed value being in the top 90% citywide (meaning it's lower than 90% of Winnipeg homes), the annual property tax bill is expected to be significantly lower than the city average, which is a substantial long-term savings.
2. What does "one-and-three-quarter storey" typically mean for this era of home?
This style usually features a full main floor and a second floor where the roofline slopes into the walls, creating cozy bedrooms with potentially reduced ceiling height at the room's edges. It offers more space and character than a bungalow but with a different layout than a full two-storey.
3. The lot size is noted as below average for Arlington Street. Is this a major concern?
It means the yard is likely more compact than some neighbours, but it also reduces landscaping time and costs. For buyers prioritizing low maintenance or who value indoor space over a large garden, this can be a practical advantage.
4. The home last sold in April 2019. Is there any context for that sale price?
The 2019 sale price of $210k provides a historical benchmark. Current market conditions, the renovated basement, and comparable recent sales in Daniel McIntyre will be the primary drivers of its present value.
5. Are the nearby reference properties similar to this one?
The listed nearby properties on Arlington and Simcoe Streets show a mix of sizes and values, indicating a diverse streetscape with homes from various eras. This suggests the area isn't uniform, so evaluating the specific block and the home's condition is more important than generalizing the entire street.