Property Overview: 691 Renfrew Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a generous lot in J.B. Mitchell presents a straightforward, grounded opportunity. Built in 1955, its 998 sqft living area and recently renovated basement offer functional space. The detached garage and a land area that ranks above average for the neighbourhood suggest good utility and potential for outdoor projects or gardening.
The primary appeal lies in its position as a solid, unpretentious property within established community metrics. Its assessed value and living space are consistently around the average for both Renfrew Street and the wider J.B. Mitchell area, indicating a stable, predictable investment rather than an outlier. This isn’t a luxury showcase, but a home that aligns closely with the fabric of its surroundings. It would suit a first-time buyer, a downsizer looking for single-level living, or a practical investor seeking a property with a renovated basement and a footprint that doesn’t require extensive upkeep. The value proposition is one of modesty and functionality, offering a manageable entry into a mature Winnipeg neighbourhood without the premium or the major compromises of more extreme listings.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 998 sqft, the living area is slightly below the city-wide average but is very typical for both Renfrew Street and the J.B. Mitchell neighbourhood, placing it comfortably in the middle of the pack locally.
2. What is the significance of the assessed value?
The assessed value of $38,900 is around the average for the immediate area. It’s important to note that this is for municipal tax purposes; the market sale price will be influenced by current conditions, the renovated basement, and the property’s overall condition.
3. Is the lot size a notable feature?
Yes. The 5,719 sqft lot ranks above average (Top 26%) within J.B. Mitchell, meaning you’re getting more land than many neighbouring properties. This offers more private outdoor space than is typical for the area.
4. When was it last sold, and for how much?
Public records indicate a sale in October 2016 for a price range between $30,500 and $33,500. For the exact historical sale price, you can request the information directly via the provided email service.
5. What are the less obvious considerations for a home of this era?
A 1955 build means you benefit from mature trees and established neighbourhood character. However, a thoughtful inspection should focus on the aging core components common to mid-century homes, such as the original plumbing, electrical systems, and roof, even though the basement has seen renovation. The above-average lot size also presents an opportunity not just for gardening, but for potential future expansions, subject to local zoning.