Property Overview
This two-storey home on Victor Street in Daniel McIntyre is a classic, no-frills property that presents a straightforward opportunity. Built in 1907, it offers 1,190 sqft of living space with an unfinished basement and sits on a standard city lot. Its assessed value is notably above average for its immediate street, suggesting it is viewed as a solid contributor within this established neighbourhood.
Key Characteristics & Appeal
The primary appeal of this home lies in its position as a stable, average-sized property in a long-developed inner-city community. It suits a practical buyer—perhaps a first-time homeowner, an investor, or someone seeking a lower-barrier entry into the Winnipeg market—who values function over flash. The house doesn't stand out for size, lot dimensions, or modern updates, but its assessed value ranking on the street indicates it is considered a well-maintained or better-than-average property among its direct peers. This creates a unique position: it's a very typical city-wide property that is actually a stronger performer on its own block. The appeal is grounded in community consistency and the potential of a blank-canvas basement for future customization.
Frequently Asked Questions
1. What does the assessed value tell me about this property?
While the assessed value is below the city-wide average, it ranks in the top 28% on Victor Street itself. This suggests the property is in good relative condition for the area, which is a positive sign for maintenance and stability.
2. Is the basement usable in its current state?
The listing specifies the basement is "not renovated." It is present and unfinished, offering storage space and potential for future development, but will require investment to become finished living area.
3. How does the lot size compare?
The land area is about 2,347 sqft, which is slightly below average for the Daniel McIntyre neighbourhood and significantly smaller than newer suburban lots. This is typical for inner-city areas and means outdoor space will be limited but manageable.
4. The home was built in 1907. What should I consider?
As a 119-year-old home, prospective buyers should budget for potential updates to older mechanical systems, windows, or insulation. A thorough inspection is essential to understand the condition of the structure and major components.
5. Who would this property not suit?
This home is likely not ideal for buyers seeking modern, move-in-ready finishes, extensive outdoor space, or a garage. It is best suited for those comfortable with a property that may require gradual updates and who prioritize location and value within a mature neighbourhood over newer amenities.