Property Overview & Key Characteristics
This 962 sqft one-storey home on Banning Street in Daniel McIntyre is a compact, character property built in 1928. Its key appeal lies in its efficient, renovated basement and a land size (3,261 sqft) that is notably above average for both the immediate street and the neighbourhood, offering valuable outdoor space and potential. While the living area is modest compared to city-wide averages, it is a typical size for this established, central community. The home last sold in late 2021 and its assessed value is consistent with similar properties on its street.
This property would suit a first-time buyer or an investor looking for a manageable, lower-maintenance home in a central location. It’s also a practical fit for someone who values a larger lot over a larger house, seeing the outdoor space as a private retreat or a canvas for future gardening or expansion projects. The renovated basement adds functional living space, making the overall footprint more workable for a small household.
Frequently Asked Questions
1. How does the size of this home compare to others in the area?
At 962 sqft, the living area is below the Winnipeg city average but is quite typical for the Daniel McIntyre neighbourhood. It represents a more compact, efficient floor plan common in older, central communities.
2. What does the assessed value indicate?
The assessed value of $22,400 is around average for Banning Street and is actually above average for the broader Daniel McIntyre neighbourhood, suggesting it is viewed consistently or favourably within its immediate market context.
3. Is the lot size a significant feature?
Yes. The 3,261 sqft lot is a standout, ranking in the top 25-30% for both the street and the neighbourhood. This means you get more private outdoor space than many nearby properties, which is a valuable asset.
4. What should I consider about the age of the home?
Built in 1928, the home is older than most in Winnipeg. However, it is actually newer than many comparable homes on its street and in Daniel McIntyre. This suggests potentially fewer immediate heritage-era upkeep concerns than some neighbours, but a thorough inspection is always recommended.
5. Who might this property not suit?
Buyers needing substantial above-ground square footage, multiple bedrooms, or dedicated parking like a garage may find the layout limiting. It’s best for those who prioritize location, lot size, and a cozy, efficient layout over spaciousness.