Property Overview: 648 Home Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic two-and-a-half storey character property in the Daniel McIntyre neighbourhood, built in 1909. With 1,406 sqft of living space, it offers more room than the average Winnipeg home and sits on a standard city lot. Its key features include a detached garage and an unrenovated basement, presenting a canvas for personalization.
The appeal lies in its established neighbourhood context and solid fundamentals. The home ranks above average for both size and assessed value within Daniel McIntyre itself, suggesting it's a substantial property for the area. It suits buyers who appreciate character homes and are looking for a project-in-waiting, particularly those who value the potential of an unfinished basement over a recently completed one that may not match their taste. It’s a practical choice for someone wanting space in a central community without paying a premium for modern updates, ideal for a hands-on owner or an investor comfortable with gradual improvements.
Section 2: Frequently Asked Questions
1. How does the assessed value compare?
The City’s assessed value is $240,000. This is above average for the immediate Daniel McIntyre area but below the citywide average, reflecting the neighbourhood’s more affordable positioning within Winnipeg’s market.
2. What is the significance of the unrenovated basement?
This indicates the lower level is in original or utilitarian condition. It represents both a future project and an opportunity to customize the space to your needs, but will require budgeting for any desired finishes or upgrades.
3. Is the living space typical for the area?
Yes. At 1,406 sqft, the home is larger than many in Winnipeg and is actually above average for the Daniel McIntyre neighbourhood, offering more interior space than most comparable local properties.
4. How old is the home, and what does that mean?
Built in 1909, the home is over a century old. This is common for the street and area. It promises classic architectural character but also implies that major systems (like plumbing, electrical, or the roof) may have been updated over time and should be carefully evaluated.
5. What does the lot size mean for outdoor space?
The lot is 2,521 sqft, which is standard for the neighbourhood but smaller than the typical suburban lot citywide. It provides a manageable backyard space consistent with central, established communities.