Property Overview: 704 Sherbrook Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 704 Sherbrook Street presents a classic early-1900s character home within Winnipeg's Daniel McIntyre neighborhood. Its key appeal lies in its generous proportions relative to the immediate area. With 1,531 sqft of living space, it ranks well above the neighborhood average, offering more interior room than most nearby homes. The lot size is also a notable asset, placing it within the top 7% for land area in Daniel McIntyre, suggesting valuable outdoor space or development potential not common in the area.
The property’s assessed value is notably below both the citywide average and the neighborhood average, which may indicate an entry point for buyers or room for value growth. This combination—more space on a larger-than-average lot at a below-average assessed value—creates a distinct profile. It would suit a practical buyer looking for character-home space without a premium price tag, potentially a renovator or an investor who sees value in the lot size and the upward trend of the surrounding area. Its appeal is grounded in tangible assets (space and land) rather than modern finishes, making it a project-oriented or value-conscious purchase.
Section 2: Frequently Asked Questions
Q: How does this home’s size compare to others nearby?
A: Its living area of 1,531 sqft is significantly larger than the Daniel McIntyre neighborhood average (1,142 sqft), placing it in the top 12% locally. On its own street, it’s close to the average.
Q: Why is the assessed value below neighborhood and city averages?
A: The assessed value of $155k is below the Daniel McIntyre average ($198.7k) and far below the Winnipeg city average ($390.1k). This can be influenced by the home’s older age (1903), its specific condition, and the broader economic factors of the immediate streetscape versus the wider city.
Q: What does the lot size mean for me?
A: At 4,004 sqft, the lot is larger than 93% of properties in Daniel McIntyre. This could allow for more private outdoor space, gardening, or future expansion like an addition or garage, subject to zoning.
Q: How reliable is the sales history provided here?
A: The platform states that its transaction history is based on public data, not MLS records, and is not guaranteed. They offer to manually look up and provide exact sales history via email upon request for more accurate, verified figures.
Q: The home was built in 1903. What should I consider?
A: As one of the older homes on the street and in the city, it’s essential to investigate the condition of major aging components like the foundation, plumbing, electrical systems, and insulation. This vintage also offers classic architectural charm rarely found in newer builds.