Property Overview: 701 Arlington Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1910, offers a practical footprint of 1,244 square feet on a standard city lot in the Daniel McIntyre neighbourhood. Its key appeal lies in its solid, established character and its position as a competitively sized home within its immediate area. The living space is above average for Daniel McIntyre, making it a spacious option compared to many local peers. The basement has been renovated, adding functional living space.
The home suits first-time buyers or practical investors looking for a character home without the premium of a newer build. Its assessed value is notably above average for the neighbourhood, which can signal good maintenance or updates relative to the area, but it remains a value-oriented option citywide. A thoughtful perspective is that while the lot size is smaller than many on its street, this often translates to lower maintenance, which can be a benefit for those seeking a home in a mature, walkable community without extensive yard work.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,244 sqft, the living area is larger than the average home in the Daniel McIntyre neighbourhood, placing it in the top 30% locally for space.
2. What does the assessed value indicate?
The assessed value of $23,600 is above the neighbourhood average, often reflecting factors like the renovated basement and the home’s condition relative to other properties from its era.
3. Is the lot size a concern?
The lot is 2,515 sqft, which is smaller than many on Arlington Street but is typical for the wider Daniel McIntyre area. It provides a manageable outdoor space.
4. How old is this property, and what should I consider?
Built in 1910, the home is 116 years old. Buyers should budget for potential maintenance consistent with a century-old home and consider the benefits of its established character and location.
5. How have sale prices trended for this property?
Previous sales data shows a sale in 2016 for $22,500 and a more recent sale in May 2024 for $26,600, indicating market activity and value appreciation over that period.