Property Overview: 529 Cherrier Street, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1912, offers a blend of historic charm and modern updates. Its key appeal lies in offering above-average space for its immediate neighborhood. With 1,568 sqft of living area, it ranks in the top 18% of homes on Cherrier Street and the top 10% within the Dufresne area, providing more room than most comparable local properties. A recently renovated basement adds functional, modern living space. The home sits on a standard city lot and includes a detached garage.
The property suits buyers looking for a character home in a well-established neighborhood who prioritize interior space over a large yard. Its above-average size for the area makes it a practical choice for small families or those who need a home office or flexible rooms. The 2023 sale price suggests it may offer relative value for a turn-key, updated property in its locale, avoiding the premium of newer subdivisions. A thoughtful perspective is that while the home is older than most in the city, it has already been through many of the major updates older homes require, like the basement renovation, potentially offering a balance of charm without some of the more daunting renovation projects.
Frequently Asked Questions
1. How does the home’s size compare to others?
It is notably larger than most similar homes in both the immediate street and the broader Dufresne area, ranking in the top 10-18% for living space.
2. What is the property’s assessed value?
The assessed value is $30,100. This is above average for Cherrier Street and Dufresne, but around the 70th percentile city-wide, reflecting its older age and neighborhood context.
3. Has the home been updated?
Yes, the basement has been renovated, indicating some modernization within the older structure.
4. What are the garage and lot specifications?
The home features a detached garage. The lot is 3,423 sqft, which is a standard size for the local area but smaller than the Winnipeg city average.
5. When was it last sold and for how much?
The home was sold in September 2023 for $260,000, which can serve as a recent benchmark for its market value.