Property Overview
This is a compact, one-storey character home in Winnipeg's Earl Grey neighbourhood. Built in 1905, its key appeal lies in its location and lot. At just 712 sqft, the living space is notably smaller than most area homes, positioning it well for a minimalist, first-time buyer, or downsizer. The detached garage and a recently renovated basement add functional space. The nearly 4,000 sqft lot is a standout feature for the area, offering above-average outdoor space for Earl Grey. The assessed value is modest compared to the city overall, suggesting a relatively accessible entry point into a desirable neighbourhood. Its charm is for those valuing location and land over square footage, accepting that a home of this age will require ongoing care and likely further updates.
Frequently Asked Questions
1. How does the small living area impact daily life and resale?
The 712 sqft layout demands efficient use of space and minimal possessions. For the right buyer, this is a feature, not a flaw, promoting a simpler lifestyle. While it narrows the pool of future buyers to those with similar needs, it also creates a specific, affordable niche in the market.
2. What should I know about a house built in 1905?
While the basement is renovated, the core structure is over a century old. Prospective buyers should prioritize inspections for foundational integrity, original plumbing and electrical systems, and historical upkeep. There's character here, but also the potential for period-typical maintenance.
3. The lot is larger than average for Earl Grey. What are the possibilities?
The 3,960 sqft lot offers valuable flexibility uncommon in the area. It provides generous yard space, room for gardening, or potential for future additions like a shed or deck. It's a long-term asset that adds a sense of openness rare for a home of this size.
4. Why is the assessed value much lower than the city-wide average?
The assessed value reflects the home's smaller size, older age, and the specific local market. It indicates this is a more affordable option within Winnipeg, not necessarily a direct reflection of the neighbourhood's desirability. Property taxes would be based on this lower assessment.
5. Who would this property suit best?
It's ideally suited for a first-time buyer wanting to enter the Earl Grey area, a downsizer looking to maintain a yard without a large house, or an investor seeking a character rental. It's less suitable for those needing multiple bedrooms, dedicated workspaces, or who prefer a modern, low-maintenance home.