Property Overview
776 Setter Street is a well-maintained, one-storey home in Winnipeg's Heritage Park neighbourhood. Built in 1973, it offers 1,428 sqft of living space on a 5,497 sqft lot, with an attached garage and a renovated basement. Its appeal lies in its solid, move-in-ready foundation within a stable community. The home presents a practical balance: it's not the largest or newest on the street, but its updated basement and consistent value history make it a dependable choice. It particularly suits first-time buyers, downsizers looking for single-level living, or investors seeking a property with steady, long-term appreciation in a mature area. A thoughtful perspective is that its "around average" metrics across the board are actually a strength, indicating a lower risk of overpaying for premium features while still securing a home that holds its own in the local market.
Key Details & FAQs
- Key Characteristics: 1,428 sqft, one-storey, built 1973. Features include an attached garage and a renovated basement. No pool.
- Lot Size: 5,497 sqft.
- Neighbourhood: Heritage Park.
- Assessed Value: $43,100.
Frequently Asked Questions
1. How does this home compare to others in Heritage Park?
The home is above average for the neighbourhood in terms of assessed value (top 17%) and living area (top 29%). Its lot size and year built are typical for the area, positioning it as a solid, established property within the community.
2. What is the history of sold prices for this property?
Public records show it sold in August 2021 for an estimated $43,500k–$46,500k and previously in August 2016 for an estimated $37,500k–$40,500k. Exact sale prices are available upon request from the listing source.
3. What type of basement does it have, and what does "renovated" include?
The home has a basement, and the listing notes it has been renovated. Specific details on the finish, rooms, or permits should be confirmed with the seller or a viewing, as this is a key updated feature.
4. Is the property a good value compared to the wider Winnipeg market?
City-wide, its assessed value and living space are both around average (top 32% and 34%, respectively). This suggests it is priced in line with the broader market, offering a standard Winnipeg footprint without a premium for a specific, high-demand location.
5. Who might this property not suit?
Buyers seeking a large, modern footprint or extensive yard space may find it limiting. Its living area and lot size are below the current street averages. It's best for those who value a renovated basement and single-level living over maximum square footage.