Property Overview: 691 Victor Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic two-storey home in Winnipeg's Daniel McIntyre neighbourhood, built in 1905. With 1,080 sqft of living space and a renovated basement, it offers a practical layout for everyday living. The property includes a detached garage and sits on a standard city lot of approximately 2,347 sqft.
Its primary appeal lies in its position as a relatively affordable entry point into the Winnipeg market, particularly within its immediate area. The data suggests it is priced below average for both the street and the neighbourhood in terms of assessed value. This creates an opportunity for buyers who prioritize location and character over sheer size or modern construction. The home’s age and below-average size for the street indicate it is likely a more modest, manageable property on a block with larger or more updated homes. It would suit a first-time buyer, an investor, or someone looking for a lower-maintenance footprint in a central, established community. A thoughtful perspective is that this property represents the "bones" of the neighbourhood—a chance to own a piece of its history without the premium often attached to fully renovated character homes, allowing the new owner to add value over time.
Section 2: Frequently Asked Questions
1. Is the house smaller than others on the street?
Yes. At 1,080 sqft, the living area is below the average for comparable homes on Victor Street (approx. 1,266 sqft).
2. How does the property’s value compare to the area?
Its assessed value is below the average for both Victor Street and the wider Daniel McIntyre neighbourhood, which can indicate a more accessible price point.
3. What should I consider about a home built in 1905?
While it offers classic charm, prospective buyers should budget for potential updates to older mechanical systems (like plumbing and wiring) and ensure a thorough inspection is completed. The renovated basement is a positive modern update.
4. How does the lot size compare?
The land area is around average for Victor Street but below average for both the neighbourhood and the city overall. This means smaller outdoor space but potentially less maintenance.
5. What does the sale history tell us?
It last sold in November 2022. Reviewing the sale prices and details of the nearby comparable listings provided (on Agnes, Toronto, and McGee Streets) will give the best context for its current market value.