Property Overview: 821 Arlington Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Arlington Street presents a solid, updated offering in the Daniel McIntyre neighbourhood. Its key appeal lies in its above-average size and recent updates compared to its immediate peers. With 1,450 sqft of living space, it ranks in the top 20% for size on its street and top 15% within the neighbourhood, offering more room than many comparable homes. The basement has been renovated, adding functional living space, and the property includes a detached garage.
Built in 1948, it is a newer construction relative to many heritage-style homes in the area, which can mean fewer concerns with extremely aged infrastructure. The lot size of 3,762 sqft is also generous for the central neighbourhood. The home’s assessed value of $240,000 is above average for Daniel McIntyre, but notably below the city-wide average, highlighting its position as a value-conscious option within a central urban area. It last sold in June 2022 for $270,000.
This property would suit a buyer looking for a move-in-ready home with modernized basics in a central location, without the premium price tag of newer suburban developments. It’s ideal for small families, couples, or investors seeking a character home with updated fundamentals, who value space and location over a brand-new build.
Frequently Asked Questions
1. How does this home compare to others on the street?
It stands out favourably in several ways. It has more living space than the average home on Arlington Street, a newer construction year (1948 vs. an average of 1928), and a larger-than-average lot. Its assessed value is around the median for the street.
2. Is the assessed value a reliable indicator of the likely sale price?
Not directly. The assessed value of $240,000 is for municipal tax purposes. The home sold for $270,000 in 2022, which is a more relevant recent market benchmark. Always rely on a comparative market analysis from a real estate professional for pricing.
3. What are the less obvious pros and cons of a 1948 build?
A pro is that it may avoid some of the antiquated wiring or plumbing common in pre-1920s homes in the area, while still offering classic character. A potential con is that it falls into an era where materials like asbestos were still in use; a thorough inspection is advised.
4. The city-wide rankings for value and lot size seem low. Is that a concern?
This reflects the context of comparing a central, mature neighbourhood to the entire city, which includes vast suburban areas with newer, larger homes on bigger lots. For the inner-city Daniel McIntyre area, this property’s metrics are actually strong, offering good space and value within its own market.
5. What is the significance of having a detached garage in this neighbourhood?
In older, central neighbourhoods where many homes have only rear laneway parking or on-street permits, a detached garage is a significant practical asset. It provides secure parking and additional storage space, which can be a premium feature.