Property Overview: 1034 Brussels Street, Holden, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This is a substantial, century-old home built in 1913, offering generous space and a large lot. Its key characteristic is its impressive 2,324 sqft of living area, which ranks in the top tier for the neighborhood and city, providing ample room for a large or multi-generational family. The property sits on a 6,094 sqft lot, offering above-average outdoor space for the Holden area. It features a detached garage and a two-and-a-half-storey layout, but note the basement is unrenovated and there is no pool.
The appeal lies in its rarity and footprint. In a market of newer, often smaller homes, this property offers the classic proportions and generous lot size that are difficult to find in modern construction. Its assessed value is strong for the immediate area, suggesting it is a standout property on its street and in Holden. However, the age of the home is a significant factor; it is the oldest among its direct neighbors and requires a buyer comfortable with the maintenance and potential updating of a character home.
This home would best suit a buyer looking for a project-in-waiting with great bones—someone who values space and land over move-in-ready finishes. It’s ideal for a large family, a buyer planning gradual renovations, or an investor who sees value in the substantial lot size and square footage that far exceeds local averages.
Frequently Asked Questions
1. What does the sold price history indicate?
The home sold in March 2021 for an estimated range of $30.50k to $33.50k. This was above the average for the street and significantly above the average for the Holden area at that time, underscoring its status as a premium property within the neighborhood.
2. How does the assessed value compare to the city-wide average?
While the assessed value of $36.60k ranks very high for Holden, it is around the city-wide median. This highlights that you are acquiring a top-tier property for the local area, which may offer different value appreciation potential compared to an average-priced home in a more expensive district.
3. What should I consider about the home’s age?
Built in 1913, it is notably older than most homes in Winnipeg. This typically means potential for character and solid construction, but also necessitates thorough inspections for foundational integrity, outdated wiring or plumbing, and overall upkeep. The unrenovated basement is a clear sign that updates will be needed.
4. How does the living space truly compare?
The living area is a standout feature. It is over 1,000 sqft larger than the average home in Holden and nearly 1,000 sqft larger than the Winnipeg average. This offers exceptional room for customization, home offices, or large family living that is hard to replicate in newer builds without a major budget.
5. Is the lot size a major advantage?
Yes, particularly for the Holden neighborhood. The lot is over 6,000 sqft, which is above average for the area. This provides valuable outdoor space, privacy, and potential for additions, gardens, or recreational use that is less common on newer, more densely packed subdivisions.