Property Overview: 640 Sherbrook Street
Key Characteristics & Appeal
This two-storey home, built in 1905, offers a generous 1,698 sqft of living space, which is notably above average for both the Daniel McIntyre neighbourhood and Winnipeg overall. Its appeal lies in its substantial interior space and a renovated basement, providing flexible living or storage options. The lot size of 3,693 sqft is also comfortably above the neighbourhood average, offering good outdoor potential for an inner-city property.
The home’s assessed value positions it as a mid-range option on its street and in the immediate area, suggesting a potentially accessible entry point for the amount of space offered. It suits buyers looking for character and room to grow in a central, established neighbourhood, without the premium price tag of newer or suburban homes. A thoughtful perspective for this property is to see it as a "space-value proposition"—you are acquiring significantly more square footage than is typical for the area, but within a century-old structure that requires a realistic appreciation for maintenance and updates. It’s ideal for a practical buyer who prioritizes interior volume and location over modern finishes or a large yard.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value for taxation purposes ($19,300) is not a market valuation. The last known sale was in 2019 for $16,200. The current market price will be determined by recent sales of comparable homes, condition, and market trends.
2. What are the implications of the home’s age (1905)?
While offering classic character, a home from 1905 will likely have older building systems (like plumbing and wiring) and may require ongoing maintenance or thoughtful updates. It’s advisable to invest in a thorough inspection.
3. The home lacks a garage. What are the parking options?
The property listing notes no garage. Parking would typically be on-street. It’s important to verify local permit requirements and general availability with the city.
4. How does the living area compare to nearby homes?
This home’s living area is in the top 7% for the Daniel McIntyre neighbourhood, meaning it is significantly larger than most homes nearby. This is one of its standout features.
5. The lot is above average for the neighbourhood but below average city-wide. What does this mean?
You get a decent-sized urban lot for Daniel McIntyre, which is a denser, central area. However, it is smaller than a typical lot in newer suburban developments. The space is a good balance for inner-city living.