Property Overview: 623 Agnes Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1907, offers a blend of historic character and practical updates. Its key features include 1,252 sqft of living space, a renovated basement, and a detached garage. The lot is a manageable 2,646 sqft, typical for the central neighbourhood of Daniel McIntyre.
The primary appeal lies in its solid positioning within a mature, established community. The home is not an outlier but a well-placed property within its immediate context: its living space, assessed value, and lot size are all around the average for both Agnes Street and the broader Daniel McIntyre area. This suggests a stable, predictable investment without the premium often attached to newer or substantially larger homes. The renovated basement adds functional living space, a valuable asset in a character home.
This property would suit a first-time homebuyer or a practical investor looking for a character home in a central location without a major restoration project. It’s also a good fit for someone who values being part of a long-established streetscape, as the home is older than most on its block and in the city, offering a sense of history. The 2021 sale indicates a relatively recent transaction, which may provide a clearer picture of its modern market value.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the rest of Winnipeg?
The assessed value is significantly below the Winnipeg city-wide average, which is typical for a central, older neighbourhood. This reflects the difference in property types and lot sizes between central areas and newer suburbs.
2. Is the house unusually small or large for the area?
No, its living area is squarely in the middle range for both Agnes Street and the Daniel McIntyre neighbourhood, making it a very typical home for the community.
3. What does the “renovated basement” likely entail?
While specifics aren’t listed, in a home of this era, a renovated basement often means it has been finished into a usable living space, such as a family room or additional bedrooms, with proper flooring, walls, and ceiling. It’s wise to confirm the scope, permits, and moisture control.
4. The home is 119 years old. What should I be mindful of?
While the basement has been renovated, a pre-purchase inspection is crucial to assess the condition of original elements like the foundation, wiring, plumbing, and roof. Its age is above average for the street, suggesting it has enduring quality but requires diligent maintenance.
5. Are the nearby listed properties direct comparisons?
The “Worth Viewing” and “Nearby” properties provide context. Some are very similar in age and size, while others differ. The most relevant comparisons are likely on Agnes Street itself, such as 682 Agnes, which has a similar assessed value and living area.