Property Overview
This one-storey home at 661 Victor Street in Winnipeg's Daniel McIntyre neighbourhood presents a specific and practical value proposition. Its key appeal lies in being a relatively modern, low-maintenance property in an established inner-city area.
Key Characteristics & Buyer Profile
The home's most defining characteristic is its age. Built in 1986, it is a notably newer construction compared to most homes on its street and in the wider neighbourhood, which are largely from the early 1900s. This suggests potentially fewer concerns related to aging foundations, wiring, or plumbing common in century-old homes. The living space is compact at 814 sqft, with a renovated basement adding functional area. The lot is a standard city size for the area.
Its appeal is for the pragmatic, value-conscious buyer. It suits a first-time homebuyer seeking a manageable, move-in-ready property without the surprises of a heritage home, or an investor looking for a modernized rental in a high-demand rental zone. The assessed value is modest relative to the city-wide average, positioning it as an accessible entry point into the market. A less obvious perspective is that its newer build date might offer better energy efficiency and insurance prospects compared to its older neighbours, representing a practical, behind-the-scenes advantage.
Frequently Asked Questions
1. How does the 1986 build date affect this property?
Positively, in terms of modern construction standards and systems. It stands out as one of the newest homes in Daniel McIntyre, which may translate to fewer major legacy repair issues.
2. Is the living space sufficient?
At 814 sqft above grade, it is below the average for the area. It's a compact layout, best suited for individuals, couples, or small families. The renovated basement provides crucial additional living or storage space.
3. What does the assessed value tell me?
The City's assessed value of $200k is around the average for Daniel McIntyre and Victor Street, but is significantly below the Winnipeg city-wide average. This reflects the home's size and the neighbourhood's market, not necessarily its condition.
4. Who would this property not suit?
Buyers seeking a large, character-filled heritage home or extensive above-grade square footage will find this property too modest and modern. The lack of a garage may also be a drawback for some.
5. How does it compare to nearby sold properties?
The home last sold in 2020. Nearby comparable sales on streets like Agnes and Toronto typically feature much older homes (early 1900s), often with more living space but also the associated maintenance of a century-old building. This property offers a different trade-off: less space for more modern infrastructure.