Property Overview
837 Arlington Street is a compact, one-storey home built in 1929, situated on a notably generous lot in Winnipeg's Daniel McIntyre neighbourhood. Its key appeal lies in its positioning as an accessible entry point into the market, offering a balance of a classic neighbourhood setting with a manageable scale. The home features a 753 sqft living area, a detached garage, and an unrenovated basement, presenting a straightforward canvas.
Key Characteristics & Suitability
The primary characteristic of this property is its value proposition. With a recent sale price of $170k and a modest assessed value, it stands out as one of the more affordable single-family homes in the city. Its living space is compact, ranking well below area averages, which suggests it is best suited for a minimalist lifestyle, a first-time buyer, or an investor.
The significant appeal lies not in the house itself, but in the land. The lot size of 3,762 sqft is substantially larger than many in the immediate area and neighbourhood, ranking in the top 21% on its street. This offers valuable outdoor space and future potential that is uncommon at this price point. The detached garage adds practical utility.
This home would suit a pragmatic first-time buyer ready for a "live-in" starter project, an investor looking for a land-hold property with existing rental income, or someone seeking a low-maintenance footprint in a central, established community. It is less suited for those requiring ample indoor living space or a move-in-ready home without any immediate renovation plans.
Frequently Asked Questions
1. What does "Top 87%" for living area mean?
It means this home's living area is smaller than 87% of comparable properties on Arlington Street. The house itself is compact, emphasizing the value here is more in the land than the building's square footage.
2. Is the basement finished or usable?
The listing specifies the basement is "not renovated." It is present and likely usable for storage or utilities, but it should be considered unfinished living space requiring work to be fully habitable.
3. How does the large lot size benefit me?
A larger-than-average lot in a central neighbourhood provides more private outdoor space, better potential for additions or renovations (subject to zoning), and can be a key driver of long-term property value relative to nearby homes on smaller plots.
4. The assessed value is much lower than the sale price. Why?
Municipal assessed value for tax purposes often lags behind market value, especially in active markets. The recent sale price of $170k is the current market valuation, reflecting what a buyer was willing to pay.
5. What is the immediate neighbourhood like?
It's in the long-established Daniel McIntyre area. The proximity of many similar-era homes on Arlington Street suggests a consistent, mature streetscape. As with any central neighbourhood, it's wise to visit at different times to gauge traffic, noise, and overall ambiance personally.