Property Overview
401 Brooklyn Street is a 3-level split home built in 1987, offering 873 square feet of living space on a 2,299 square foot lot in Winnipeg's King Edward neighbourhood. It features a renovated basement and does not include a garage or pool. The home presents a practical, low-maintenance footprint with modernized below-ground space.
Key Characteristics & Appeal
This property’s primary appeal lies in its balance of relative modernity and manageable scale within an established inner-city area. Built in 1987, it is a notably newer home compared to many in its immediate vicinity and across Winnipeg, potentially meaning fewer concerns with aging major systems. The renovated basement adds functional, modern living space. With a living area and assessed value that are average for its street and neighbourhood, it represents a typical offering in the local market, not an outlier.
Its compact lot and absence of a garage translate to minimal exterior upkeep, a significant point for buyers seeking an affordable entry into homeownership without the burden of extensive yard work or maintenance. This home would suit first-time buyers, downsizers, or pragmatic investors looking for a straightforward, updated property in a central location. It’s for those who prioritize a modernized interior and a newer build date over expansive square footage or large outdoor space.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 873 sqft, the living area is very close to the average for both Brooklyn Street (930 sqft avg.) and the wider King Edward neighbourhood (952 sqft avg.). City-wide, however, it is below the average home size.
2. Is the assessed value a reliable indicator of the listing or sale price?
The assessed value is for municipal tax purposes. While it can be a general benchmark, market conditions ultimately determine sale price. On its street and in its neighbourhood, its assessment is around average.
3. What does the “newer” build year mean for this area?
Built in 1987, the home is significantly newer than the average home on its street (avg. year 1947) and in King Edward (avg. year 1948). This can be an advantage in terms of building materials, layout, and potentially the remaining lifespan of major components like roofing and plumbing.
4. What should I know about the lot size?
The lot is 2,299 sqft, which is slightly below average for Brooklyn Street and significantly smaller than the average lot in both the neighbourhood and city-wide. This is a key feature for buyers who want a smaller, low-maintenance yard.
5. How can I find out the exact historical sale prices?
The provided sold price history is a range based on public data. To obtain the exact sale prices, you must request the information via email from the listing source, as this data is verified and shared manually.