Property Overview & Appeal
This two-storey home at 719 Lipton Street in Winnipeg's Daniel McIntyre neighbourhood presents a classic character property with notable space. Built in 1913, its key characteristic is a generous 3,566 sqft lot, which ranks in the top 7% on its street and top 13% in the neighbourhood, offering significant outdoor potential. The 1,304 sqft living area is comfortably above average for both the street and the area. The home retains its original basement, which is noted as not being renovated.
Its appeal lies in its established, central location and the valuable combination of a larger-than-average lot with a well-sized house. This is a property for a buyer who values space and possibility over immediate modern finishes. It would suit a hands-on buyer looking for a character home with room to grow, garden, or expand, or an investor who sees value in the substantial lot size in a central neighbourhood. A thoughtful perspective is that while the assessed value is modest citywide, its above-average rankings within the immediate area suggest it represents a solid value proposition for someone wanting to put down roots in this specific community.
Frequently Asked Questions
1. What does "basement not renovated" imply?
It indicates the basement remains in its original state. Buyers should budget for potential updates to suit modern needs and ensure a professional inspection to assess its current condition and any required improvements.
2. How should I interpret the assessed value rankings?
The home's assessed value is above average for Daniel McIntyre but below average citywide. This typically suggests the property is priced in line with its immediate neighbourhood market, which can be an opportunity for buyers focused on a specific area.
3. What are the advantages of such a large lot?
The lot size is a standout feature. It provides ample private outdoor space, rare for the area, and offers long-term potential for gardening, adding a garage or shed, or even future expansion, subject to local zoning.
4. What are the considerations with a 1913 build?
While the home has enduring character, its age means systems like plumbing, electrical, and insulation may need evaluation and updating. Its above-average living area for the period is a plus, but maintenance and energy efficiency are key considerations.
5. Is there street parking or a garage?
The listing specifies no garage. Buyers should verify on-site parking options, such as a driveway or rear lane access, and understand any local street parking regulations.