Property Overview: 377 Amherst Street, Winnipeg
Key Characteristics & Appeal
This 788 sqft, one-storey home on a 4,702 sqft lot presents a practical opportunity in Winnipeg's King Edward neighbourhood. Its key appeal lies in a balance of modest scale and above-average land size. While the living space is compact and typical for the immediate street, the lot size is notably larger than most in the area, ranking in the top 5% on Amherst Street. This offers valuable outdoor space and potential for expansion or gardening, which is less common for homes of this vintage. The detached garage and renovated basement add functional utility.
The home suits first-time buyers or downsizers seeking a manageable property with lower maintenance, but who still value a substantial private yard. It also appeals to value-focused investors or renovators, as the generous lot provides a long-term asset that outweighs the home's current modest footprint. The assessed value is consistently average for the local area, suggesting a stable, no-surprises entry point into the market rather than a premium-priced listing.
Frequently Asked Questions
1. How does the home's size compare to others?
The living area is 788 sqft, which is around average for Amherst Street but below the average for both the wider King Edward area and Winnipeg overall. It's a compact, efficient layout.
2. What is the significance of the lot size?
The 4,702 sqft lot is a standout feature. It's significantly larger than most lots on the street (top 5%) and in the King Edward neighbourhood (top 23%), offering more private outdoor space than is typical for comparable homes.
3. What can you tell me about the sold price history?
Public data shows a sold price range between $26.5k and $29.5k in August 2021. For the exact historical sold price, you can request the information directly via email from the listing source.
4. Is the home older than others nearby?
Built in 1949, it is actually newer than the average home on Amherst Street, ranking in the top 10% for year built on the street. It aligns with the typical age of homes in the broader King Edward area.
5. Who would this property best suit?
It's well-matched for buyers prioritizing lot size over interior square footage. It's a practical fit for those wanting a manageable home with garden space, or for those viewing the large lot as a long-term value asset with future potential.