Property Overview
836 Home Street is a compact, one-storey home in Winnipeg's Daniel McIntyre neighbourhood. Built in 1909, it features an 886 sqft living area, a renovated basement, and a detached garage on a 2,506 sqft lot. Its assessed value is $19,300.
Key Characteristics & Appeal
This home presents a practical entry point into the Winnipeg market. Its primary appeal lies in its relative affordability and position as a manageable, renovated property on a quiet street. The renovated basement adds functional living space, a valuable asset in a smaller home. The detached garage offers utility and storage not always found at this price point.
It suits first-time buyers or investors seeking a straightforward, lower-maintenance property without a major renovation project. The data suggests it's a modest home by city-wide standards but is competitively sized and valued within its immediate area and neighbourhood. A thoughtful perspective for a buyer is to see the smaller living area not just as a limitation, but as an opportunity for lower utility costs and a simpler lifestyle, while the lot size is fairly typical for the central area, offering outdoor space without excessive upkeep.
Frequently Asked Questions
1. How does this home compare to others in the area?
Within the Daniel McIntyre neighbourhood and specifically on Home Street, this home is consistently around average for its assessed value, lot size, and age. Its living area is below the local average, which is a key factor in its pricing.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and functionality of the added space.
3. Is the assessed value the same as the market value?
No. The assessed value ($19,300) is for municipal tax purposes and is typically much lower than the expected market sale price, as evidenced by its previous sale prices of $17,500 in 2017 and $19,800 in 2020.
4. What are the implications of the home's age (1909)?
While the home has historic character, it necessitates a focus during inspection on foundational integrity, wiring, plumbing, and insulation to ensure modern standards and efficiency.
5. How stable has the property's value been?
Based on available data, it sold for $17,500 in 2017 and $19,800 in 2020, suggesting a modest increase in value over that three-year period prior to the recent market shifts.