Property Overview: 898 Home Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 1911, presents a classic character property with modernized fundamentals. Its key appeal lies in a renovated basement and a sense of established community in the Daniel McIntyre neighbourhood. With 1,260 sqft of living space, it sits comfortably above the average for the area, offering more room than many nearby homes. The detached garage adds practical value.
The property’s standout feature is its lot. While the land area of 2,489 sqft is modest compared to the city-wide average, it is actually quite typical for the central Daniel McIntyre area. This suggests a lower-maintenance yard that still provides private outdoor space—a balanced offering for urban living. The home’s assessed value is notably below the Winnipeg average, which can indicate a more accessible entry point into the market.
This home would suit a first-time buyer or a downsizer seeking a character home without the largest yard to maintain. It’s ideal for someone who values a renovated interior space in a central, walkable neighbourhood over a sprawling suburban lot. The data suggests it offers above-average interior space for the immediate area, which is a smart trade-off for the right buyer.
Section 2: Frequently Asked Questions
1. How does the property’s age affect maintenance?
Built in 1911, the home is older than most in Winnipeg. This brings character but means potential buyers should prioritize a thorough inspection for foundational integrity, wiring, and plumbing, balancing the charm with the need for proactive upkeep.
2. Is the assessed value a reliable indicator of the sale price?
Not directly. The assessed value of $18,100 is for municipal tax purposes and is historically low compared to current market values. The sale price will be determined by recent comparable sales, demand, and the home’s condition.
3. What does the "below average" city-wide land area really mean?
While the lot is smaller than the Winnipeg average (which includes newer suburban areas), it is typical for its central neighbourhood. This means less yard work and a more community-focused, streetscape-oriented lifestyle rather than extensive private outdoor space.
4. How does this home compare to others on the same street?
The data shows it has above-average living space for Home Street but a smaller-than-average lot for the street. This positions it as a home that prioritizes interior space over yard size within its own micro-market.
5. The basement is noted as renovated. What should I ask about this?
It’s crucial to ask for details on the renovation: when it was done, whether permits were obtained, and the quality of the finish. Specifically, inquire about moisture control and ceiling height, as these are common considerations in older homes with renovated basements.