Property Summary: 600 Lipton Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic two-and-a-half storey home in the Daniel McIntyre neighbourhood, built in 1913. Its primary appeal lies in its generous and efficient living space. At 1,616 square feet, the home offers significantly more interior room than most comparable properties on its street, in the area, and even city-wide, placing it in the top tier for living space. This makes it a practical and spacious choice for its category.
The home suits buyers looking for a character property with solid fundamentals in a central neighbourhood. It’s ideal for someone who values space over a renovated turn-key condition, as the basement is noted as not being renovated. The lack of a garage and a more modest land size are trade-offs for the location and interior volume. A thoughtful perspective is that the assessed value is notably higher than many area homes but lower than the city average, potentially positioning it as a value-conscious entry into a home with above-average square footage. It’s a property for a buyer ready to put their own stamp on a home that already offers the harder-to-change asset of ample room.
Section 2: Frequently Asked Questions
1. How does the living space compare practically?
At 1,616 sq ft, the home offers about 450 more square feet than the average Daniel McIntyre home and nearly 300 more than the average on Lipton Street itself, indicating a notably roomier layout than many surrounding properties.
2. What does the assessed value tell me?
The assessed value of $23,400 is above average for Daniel McIntyre but below the Winnipeg city average. This suggests the home is valued in line with or slightly above its immediate locale, but remains more affordable than typical properties across the wider city.
3. Is the lot size a constraint?
The land area of 2,349 sq ft is around average for the street but below average for both the neighbourhood and the city. This is common for central, established areas and means outdoor space may be limited, but the property compensates with its larger interior footprint.
4. What is indicated by the recent sale history?
The home sold for $250,000 in October 2022. This sale price was above the area average at that time, reflecting a market premium for its larger living area.
5. What should I consider about the home’s age?
Built in 1913, the home is older than the city median. This is typical for the character of the Daniel McIntyre neighbourhood. Buyers should budget for maintenance consistent with a century-old home and consider the potential for heritage charm alongside modern system updates.