750 Home Street

Property Overview: 750 Home Street, Winnipeg

Key Characteristics & Appeal

This is a well-situated, character home in the Daniel McIntyre neighbourhood, offering a practical footprint with updated essentials. The 1,288 sqft, one-and-three-quarter storey house sits on a standard city lot and features a renovated basement and a detached garage. Built in 1908, it presents a classic Winnipeg streetscape presence.

Its primary appeal lies in its balance and location. The home's living space and assessed value are squarely average for its immediate street and neighbourhood, suggesting it’s a typical, well-priced offering for the area without extreme outliers. The renovated basement adds modern, functional space. A thoughtful perspective is that its "average" metrics within a central, established neighbourhood like Daniel McIntyre can be a strength, indicating stability and reducing the risk of overpaying relative to the local market. It suits first-time buyers seeking a move-in-ready character home, or practical investors looking for a solid rental property in a central location with consistent demand. The detached garage is a notable asset for parking or storage in a mature area.

Frequently Asked Questions

1. How does the age of the home affect its value and maintenance?
Built in 1908, it is older than most homes on its street and in Winnipeg overall. This suggests potential for classic architectural charm but also means prospective buyers should prioritize a thorough inspection for aging components like plumbing, electrical, and the foundation, even with a renovated basement.

2. Is the assessed value a good indicator of the likely sale price?
The City's assessed value ($18,900) is a municipal tax tool and is notably disconnected from market value, as shown by a prior 2018 sale at $180,000. Market conditions, the home's updated condition, and neighbourhood demand will determine the sale price.

3. What does the "average" ranking for living space mean for daily life?
With living area rankings around the middle for the street and city, the home offers a practical, no-frills amount of space. It is smaller than the average home on its street but larger than many in Daniel McIntyre, making it a sensible size for a small family or couple.

4. How does the lot size compare, and what are the implications?
At 2,514 sqft, the lot is typical for the street and neighbourhood but below the citywide average. This means outdoor space will be modest, suitable for a small garden or patio, aligning with lower-maintenance yard work.

5. What is the context of the provided "similar" and "nearby" properties?
The "nearby" listings show direct comparables on Home Street, useful for judging streetscape and value. The "similar assessed value" properties are matched solely on the city's tax assessment figure and are in vastly different neighbourhoods; they are not useful for comparing market value or character.