Property Overview
This one-storey home at 777 Arlington Street in Winnipeg's Daniel McIntyre neighbourhood presents a specific and practical opportunity. Its key appeal lies in being a compact, lower-maintenance property with a renovated basement and a detached garage on a standard city lot. Built in 1947, it is notably newer than many homes in the immediate area. The living space is modest at 720 sq ft, placing it well below average in size for the city, but its assessed value is proportionally aligned with the local market. This creates a profile of an efficient, no-frills property rather than a spacious family home.
It would best suit a first-time buyer seeking an affordable entry into homeownership, an investor looking for a manageable rental property, or someone wanting a downsized, low-maintenance living space. Its value is in its functionality and location, not in square footage. A thoughtful perspective is that while the house itself is small, its lot size is above average for Daniel McIntyre, offering valuable outdoor space or future potential that is uncommon in the neighbourhood.
Frequently Asked Questions
1. Is the house too small?
At 720 sq ft of living area, it is significantly smaller than the typical Winnipeg home. The layout and the renovated basement will be crucial in determining if the space meets your needs. It is ideal for a single person, a couple, or someone who prioritizes efficient living over ample room.
2. How does the assessed value compare?
The assessed value of $20,700 is around the average for both Arlington Street and the Daniel McIntyre neighbourhood. This suggests the property is priced in line with local norms, not as a discount or premium, but rather a market-rate entry point.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A key question for a viewer would be to determine the finish quality, ceiling height, and whether it includes a legal suite or additional living space like a bedroom or bathroom.
4. What is the significance of the 1947 build year?
In a neighbourhood with many homes built in the early 1900s, a 1947 construction date is a relative advantage. It may imply updated building standards for its era and potentially fewer concerns with extremely aged plumbing, wiring, or foundations common in century-old homes.
5. What are the ongoing costs likely to be?
With a lower assessed value, property taxes should be comparatively manageable. Buyers should still budget for maintenance typical of a 79-year-old house, including the roof, windows, and heating system, even if the basement has been recently updated.