Property Overview: 1194 Salter Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 1194 Salter Street in Margaret Park presents a compelling value proposition centered on space and land. Built in 1967, it is a newer construction compared to many homes on its street and in the broader neighbourhood. Its key strength lies in its generous proportions: at 1,360 sqft, the living area is notably above average for both the immediate area and Margaret Park. This is complemented by a large 6,192 sqft lot, offering ample outdoor space that is a rarity city-wide.
The appeal here is fundamentally practical. It suits buyers looking for a spacious interior and a sizable yard without a premium city-wide price tag, as reflected in its assessed value positioning. It would be an ideal fit for a growing family, a hobbyist or gardener valuing the large lot, or an investor recognizing the underlying value of the land and above-average building metrics in the context of its immediate location. A less obvious perspective is its potential as a "value anchor" in the area—its newer build date and larger footprint could position it as a relatively modern and low-maintenance foundation compared to neighbouring properties, offering a different kind of opportunity beyond just square footage.
Section 2: Frequently Asked Questions
1. How does this home compare to others nearby?
The data shows this property consistently ranks above average for its street and neighbourhood in key categories like living area, lot size, and year built. It is a larger, newer home on Salter Street compared to its direct peers.
2. What is the exact historical sale price?
Public records show a sale between CA$250k–300k in 2016. For the precise sale price, you can request the information directly via the provided email service on the listing page.
3. Who would this property suit best?
It’s well-suited for buyers prioritizing interior space and a large yard. Given its metrics, it appeals to families, those wanting room for projects or gardening, and value-oriented buyers looking for above-average characteristics in the Margaret Park area.
4. Is the assessed value high for the area?
Yes. With an assessed value of $35,900, it ranks in the top 6% on Salter Street and the top 12% in Margaret Park, indicating it is considered a higher-value property within these specific locales.
5. Can I see how it fits into the neighbourhood?
You can open the neighbourhood analysis page from the listing to view this property on a map and visually compare its year built, living area, assessed value, and lot size against nearby houses.