Property Overview & Key Characteristics
This 1905 two-storey home in Daniel McIntyre offers a blend of historic charm and practical updates. Its key appeal lies in its solid, above-average positioning within several key metrics. With a living area of 1,110 sq ft on a 2,845 sq ft lot, it provides generous space for its vintage. A recently renovated basement adds functional living space, and the detached garage is a valuable asset in the neighbourhood. The home's assessed value ranks highly within Winnipeg (top 15%), suggesting it is seen as a substantial asset, yet its last sale price in 2021 was relatively accessible.
Its appeal is grounded in being a well-situated, character home that has been maintained. It would suit a buyer looking for a established property with some modern comforts, possibly a young family or an investor attracted by the stable value history and the neighbourhood's ongoing demand. A thoughtful perspective is that while the home itself is from 1905, the renovated basement and strong value rankings indicate it hasn't been left behind, offering a balance of heritage and livability without the full scope of a century-home restoration project.
Frequently Asked Questions
1. What does the "renovated basement" likely include?
While specifics aren't listed, a noted renovation in a home of this age typically means it has been modernized for livability—likely including moisture control, proper flooring, ceiling, and lighting to create a functional family, recreational, or rental space.
2. How does the 2021 sale price compare to today's value?
The home sold for $21,500 in May 2021 and is now assessed at $21,700. This indicates stable municipal assessment value over three years, but market conditions may have shifted. It's a useful benchmark, but a current market evaluation is essential.
3. Is the older year (1905) a concern?
It signifies character and solid construction, but necessitates careful inspection for foundational integrity, updated electrical/plumbing, and energy efficiency. The renovated basement is a positive sign of proactive maintenance.
4. Who might this property NOT suit?
It may not suit buyers seeking a brand-new, low-maintenance property or those requiring main-floor primary bedroom access. The detached garage also means navigating outdoors in winter.
5. What's the significance of the high city-wide value rankings?
Ranking in the top 15% of Winnipeg for assessed value, yet being moderately priced for the area, suggests the property is considered a substantial asset with a history of value retention, which can be reassuring for long-term equity.