Property Overview: 613 Home Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic two-storey home built in 1905, offering 1,512 sqft of living space with a renovated basement. It sits on a 2,500 sqft lot with no garage or pool. The home’s primary appeal lies in its solid, above-average living space for the Daniel McIntyre neighbourhood and the value of a modernized basement. Its assessed value is notably modest compared to the Winnipeg city-wide average, which may present a specific value proposition.
The property would suit a practical buyer looking for character in a central neighbourhood without the premium of a new build. It’s ideal for someone comfortable with the upkeep of a century-old home and who values interior space over a large yard or garage. A thoughtful perspective is that this home represents a trade-off: you gain a generous interior layout in a mature community but accept the responsibilities and potential costs associated with a 121-year-old structure. Its appeal is grounded in practicality and space, not modern amenities or land size.
Section 2: Frequently Asked Questions
1. How does the assessed value compare?
The home’s assessed value is above average for the Daniel McIntyre neighbourhood but is significantly below the city-wide average. This suggests it may be valued more in line with its immediate community than broader Winnipeg market trends.
2. Is the living space a good size?
Yes. At 1,512 sqft, the living area ranks in the top 13% for the neighbourhood and the top 30% city-wide, making it a spaciously sized home for the area.
3. What should I know about the age of the home?
Built in 1905, this is an older home even for its street and neighbourhood. Prospective buyers should prioritize thorough inspections for foundational integrity, wiring, plumbing, and insulation common to houses of this era.
4. How does the lot size impact the property?
The 2,500 sqft lot is smaller than average for both the street and the city. This means lower maintenance but limited potential for expansions like a large addition or garage, making the renovated basement a key feature for added space.
5. What is the context of the last sale price?
The home sold for $21,900 in September 2021. This historical price should be viewed as a past data point, not a current valuation, and used to understand price trends rather than determine present market value.