Property Overview: 836 Renfrew Street, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and potential. Its most standout feature is the generous 8,874 sqft lot, which places it within the top 10% for land size both on its street and across the wider Mathers area. This offers rare potential for expansion, gardening, or outdoor living in the city. The 1,040 sqft living area is modest but competitively sized for the immediate neighbourhood. Built in 1958, it is notably newer than many neighbouring homes, which may suggest updated infrastructure or fewer immediate renovation demands compared to older peers.
The appeal lies in its above-average assessed value for the street and a solid, middle-of-the-road positioning city-wide, indicating a property that holds its value in its local context. It would particularly suit a value-conscious buyer looking for a larger-than-average yard to grow into, or an investor/renovator who sees potential in the substantial lot size. The recent sale in the $450k-$500k range (2023) provides a clear, modern benchmark for market value.
Frequently Asked Questions
1. What does the "above average" assessed value ranking mean for this property?
It means that, compared to other homes on Renfrew Street, this property’s official assessed value is in the top 23%. This can indicate a well-maintained home or desirable lot relative to its immediate peers, but property taxes will likely be based on this higher assessment.
2. The living area seems average or below average in some comparisons. Is the house small?
At 1,040 sqft, the living space is slightly below the Mathers area average but is typical for Renfrew Street itself. The trade-off is the exceptionally large lot. This layout may suit those who prioritize outdoor space over expansive indoor square footage.
3. How significant is the large lot size in practice?
A lot of nearly 9,000 sqft is a notable asset in Winnipeg. It provides ample room for additions like a garage, workshop, or large deck, and offers more privacy and green space than most city lots. It's a long-term asset that adds flexibility and potential value.
4. The home was built in 1958. Should I be concerned about major repairs?
While newer than many homes on the street, a 68-year-old home will still require a thorough inspection. The positive ranking suggests it may be in better relative condition, but key systems like plumbing, electrical, and the roof should be evaluated for age and function.
5. How reliable are the provided sold price ranges?
The listed sale range ($450k-$500k in 2023) is derived from public data. For the exact sale price to inform your offer, you must request it directly via the provided email service, as this information is not publicly disclosed in full detail in Manitoba.