Property Summary: 627 Arlington Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Arlington Street stands out for its exceptionally generous living space. At nearly 3,000 square feet, its interior size ranks in the top 1% for its neighbourhood and street, offering a rare amount of room for an inner-city property. It sits on a well-sized lot and features a renovated basement and a detached garage. Built in 1955, it is notably newer than most homes in the historic Daniel McIntyre area.
The primary appeal lies in its unique combination of space, location, and modern practicality within an established community. It offers the square footage typically found in suburban homes while being situated in a mature, central neighbourhood. This suits buyers who need significant room for a growing family, a home office, or creative space but wish to avoid a long commute. It’s also a compelling option for those who appreciate character neighbourhoods but prefer the more modern construction and layout of a mid-century home over a much older character property. The significantly higher assessed value compared to nearby homes underscores its perceived premium in the local market.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is exceptionally large for the area. At 2,949 sqft, it is more than double the average for comparable homes on Arlington Street and in the Daniel McIntyre neighbourhood, placing it in the top 1% for space.
2. The assessed value seems high for the area. Why is that?
The assessed value of $48,900 is in the top 2% on its street and top 1% in Daniel McIntyre. This premium valuation likely reflects the home’s much larger size, renovated basement, and the fact it was built decades later than most surrounding homes, suggesting modernized systems and layout.
3. What is the significance of the 1955 build year?
In a neighbourhood where many homes were built in the early 1900s, a 1955 build is a distinct advantage. It suggests potentially fewer concerns with very old plumbing, electrical, or foundations, and often features layouts that align more with contemporary living preferences.
4. Is the lot size typical?
The land area of 3,781 sqft is above average for both the street and the neighbourhood, providing good outdoor space. It is, however, below the city-wide average, which is expected for a central, established community compared to newer suburban developments.
5. What can past sale prices tell us?
The home sold for $490,000 in late 2019, a price that was in the top 1% for the area at that time. This historical sale supports the current high assessed value and indicates the market has consistently placed a premium on this property.