622 Mcgee Street

Property Summary: 622 McGee Street, Winnipeg

Key Characteristics & Appeal

This bi-level home at 622 McGee Street in Daniel McIntyre presents a distinct profile defined by its modern age and compact efficiency. Built in 2014, it is a notably newer construction compared to the predominantly early-1900s homes in the immediate area and across much of Winnipeg. The living space is a practical 912 sqft, which is below average for the city but typical for the neighbourhood, and it features a renovated basement. There is no garage, but the property sits on a land area of 3,888 sqft, which is generous for the local context.

The primary appeal lies in its relative newness, offering a move-in-ready home with likely fewer immediate maintenance concerns than its century-old neighbours. Its highly efficient use of space suits a minimalist or first-time buyer. The significant lot size for the area is a valuable asset, providing outdoor space and future potential in a mature neighbourhood. The property’s assessed value is very strong for its specific street and neighbourhood, suggesting it is viewed as a premium property in its immediate context, though it is more modest by city-wide standards.

This home would best suit a pragmatic buyer—perhaps a first-time homeowner, a small household, or an investor—who prioritizes modern building systems and a low-maintenance lifestyle over square footage. It’s for someone who sees the value in a newer build within an established, central community and appreciates having a larger-than-average yard for the area.

Frequently Asked Questions

1. Is this a good value for the neighbourhood?
The data suggests it is considered a premium property within Daniel McIntyre, with an assessed value ranking in the top 6% for the area. This indicates it is viewed favourably compared to nearby homes, likely due to its recent construction date.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand if it’s a finished living space, a modern utility area, or something else entirely.

3. How does the lack of a garage affect parking?
The property has no garage. Buyers should investigate on-street parking permits, regulations on McGee Street, and the feasibility of adding a driveway or parking pad to the sizable lot.

4. Why is the living area below the city average?
At 912 sqft, the home is designed for efficient living. This is common for newer infill builds in central neighbourhoods, where the focus is often on modernizing housing stock on existing lots rather than maximizing square footage.

5. The home sold in 2019 for $23,600, but the assessed value is now $28,200. What does this mean?
The 2019 sale price appears to be an outlier and may not reflect a standard market transaction (it could indicate a sale between family members, for example). The current assessed value is a municipal valuation for tax purposes and is a separate metric from market value, which is determined by what a buyer is willing to pay today.