Property Summary: 744 Home Street, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, one-and-three-quarter storey home built in 1909, offering a blend of historic character and practical updates. With 1,120 sqft of living space and a renovated basement, it provides functional living in the established Daniel McIntyre neighbourhood. The home sits on a 2,514 sqft lot with a detached garage.
Its primary appeal lies in its strong position within its immediate context. While its size is modest compared to the city-wide average, it is a competitively sized home for its specific street and neighbourhood. More notably, its assessed value ranks well above average for Daniel McIntyre, suggesting it is viewed as a solid property within this popular area. This creates a value proposition for buyers seeking an entry point into a central community without the premium of a new build. The renovated basement adds modern livability to the classic layout.
This property would suit first-time buyers or practical downsizers who value location over sheer square footage. It’s for someone who appreciates a home with history and neighbourhood character, and who is comfortable with a property that is average or smaller in size for the city but stands out as a good performer in its own local market.
Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The assessed value of $22,900 ranks in the top 24% for the Daniel McIntyre neighbourhood, meaning it is considered above average compared to similar local properties. This indicates it is a stronger-than-average asset within this community.
2. Is the living space small?
At 1,120 sqft, it is below the average size for its specific street, but is very close to the average home size for the broader Daniel McIntyre neighbourhood. It offers a compact and efficient layout typical of its era.
3. What does the "renovated basement" include?
The listing confirms the basement has been renovated, but specific details on the finishes, legal status, or ceiling height are not provided. This would be a key point for your viewing and for discussions with the seller.
4. How do the recent sale prices from 2016 and 2017 relate to today’s value?
Those historical sale prices (approximately $19,000) are useful for understanding past market activity, but they do not reflect current market value. The more recent assessed value and current market conditions will be the primary drivers of the listing price.
5. Are older homes like this a concern?
Built in 1909, the home’s major systems (roof, wiring, plumbing, foundation) and overall upkeep are the most important considerations. Its age is typical for the neighbourhood, and a thorough inspection is always recommended to understand the condition and any potential maintenance needs.