Property Overview: 279 Brooklyn Street, Winnipeg
Key Characteristics & Appeal
This bi-level home at 279 Brooklyn Street in the King Edward neighbourhood presents a practical and modernized living option. Its key appeal lies in being a relatively new construction (built in 2009) within an established area, offering a renovated basement and a low-maintenance footprint. With 867 sqft of living space, it is comfortably sized for its immediate area and street, though its lot size is compact.
The home’s standout characteristic is its above-average assessed value for both the street and the neighbourhood, suggesting it is viewed as a solid asset within its local context. This, combined with its modern age, means major systems are likely younger than those in many surrounding heritage homes, potentially reducing near-term repair costs. It suits first-time buyers, downsizers, or investors seeking a modern, turn-key property without the upkeep of a larger lot or an older structure. Its value proposition is clear: a contemporary, low-maintenance home in a central location, albeit with less private outdoor space than typical for the city.
Frequently Asked Questions
1. How does the home’s value compare to recent sales?
The home last sold in May 2022 for an estimated $34.5k-$37.5k, which was in the top 6% of sale prices for Brooklyn Street at that time. Its current assessed value of $30.9k continues to rank above average for the immediate area.
2. What are the implications of the smaller lot size?
The land area of 2,295 sqft is below average for the neighbourhood and city. This means lower exterior maintenance and property taxes tied to land value, but also limited potential for expansions like large additions or decks. It emphasizes the property as a comfortable, efficient living space rather than one for extensive gardening or outdoor recreation.
3. Is the renovated basement included in the living area square footage?
The listing specifies a renovated basement but the living area is stated as 867 sqft. This typically means the square footage refers to the above-grade living space. The renovated basement adds functional space but is not counted in the official living area metric.
4. What is the neighbourhood character like?
King Edward is an established, central neighbourhood. The home’s modern build date (2009) is a notable exception on a street where many homes are much older, as seen with the reference property at 233 Brooklyn Street built in 1914. This offers newer infrastructure amidst classic Winnipeg character.
5. Why is there a range given for past sold prices, and how can I get the exact figure?
Sold price ranges are estimated from public data. The exact sale price can be requested by email from the listing service, which provides the accurate figure manually as a courtesy, without marketing spam.