Property Overview
This two-storey home at 681 Victor Street in Winnipeg's Daniel McIntyre neighbourhood presents a classic, no-frills urban living opportunity. Built in 1907, it offers 1,330 sqft of living space on a 2,347 sqft lot, with an unfinished basement and no garage. Its assessed value is notably lower than the citywide average, reflecting its character and location.
Key Characteristics & Appeal
The primary appeal of this property lies in its straightforward, functional layout and its position within a well-established inner-city community. With living space that is above average for Daniel McIntyre, it offers more room than many nearby homes. Its value is squarely aligned with the local market, making it a predictable purchase within the neighbourhood context. The lot size, while modest by suburban standards, is typical for the area and requires less maintenance.
This home would suit a practical, value-conscious buyer—perhaps a first-time homeowner or an investor—who is comfortable with an older building's needs and sees potential in an unrenovated basement. It appeals to those prioritizing location and space over modern finishes, and who appreciate being part of a historic streetscape. A less obvious angle is its appeal to buyers seeking a lower property tax burden, as the assessed value is significantly below the Winnipeg average.
Frequently Asked Questions
1. What does the assessed value tell me about this property?
The assessed value of $19,300 is very typical for the immediate street and Daniel McIntyre area, but it places the property in the bottom 7% citywide. This indicates lower property taxes compared to the average Winnipeg home, but is a standard valuation for its neighbourhood and building type.
2. How does the size compare to other homes?
At 1,330 sqft, the living area is larger than the average home in Daniel McIntyre, offering more interior space than many comparable properties nearby. The lot size of 2,347 sqft is, however, below the neighbourhood average.
3. What should I consider about the age of the home?
Built in 1907, the home is older than most in Winnipeg. While it shares this vintage with many houses on its street, it necessitates a thorough inspection to understand the condition of major aging components like the foundation, plumbing, and wiring.
4. Are there recent sales history details?
The home sold in March 2021 for $200,000 and previously in November 2017 for $180,000. This provides a clear recent price trajectory for market comparison.
5. What are the immediate neighbouring properties like?
The surrounding homes on Victor Street are very similar in age and style, suggesting a consistent, established streetscape. The directly adjacent properties are all within 23 meters, reflecting the tight-knit, urban lot layout typical of the area.