Property Overview: 28 Vincent Street, Winnipeg
Key Characteristics & Appeal
This 1,032 sqft bungalow, built in 1954, presents a compelling case for value-focused buyers. Its primary appeal lies in its strong positioning within its immediate neighborhood of Maybank and, more notably, on its own street. While its size and assessed value are below the Winnipeg city-wide averages, it stands out locally: it ranks in the top 4% on Vincent Street for both living area and year built, suggesting it is one of the larger and more historically consistent homes on the block.
The home suits first-time buyers or downsizers seeking an established, no-frills neighborhood character. Its recent sale history indicates steady value retention. A thoughtful perspective is that this property offers "above-average neighborhood utility at a below-city-average price point." You're investing in a home that is competitive and familiar within its close-knit street context, rather than chasing city-wide metrics. The lot size, while smaller than many in Winnipeg, is actually above average for Vincent Street, offering manageable outdoor space.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home is currently assessed at $240,000. It last sold in the $200,000–$250,000 range in 2022, and in the $150,000–$200,000 range in 2019, indicating a pattern of value growth aligned with its assessment.
2. Is the living space smaller than typical Winnipeg homes?
Yes. At 1,032 sqft, it is below the city-wide average (~1,342 sqft). However, it is above the average for both Vincent Street (~960 sqft) and the Maybank area (~1,043 sqft), making it a relatively spacious option within its local context.
3. What does the "Elite" ranking for Year Built mean?
This means that among the 28 homes on Vincent Street, 28 Vincent Street (built in 1954) is one of the newest. The street has many homes built in or before 1954, so this home is representative of the street's established period rather than being an outlier.
4. Why is the lot size ranked so differently across areas?
The lot is 3,562 sqft, which is near the average for Vincent Street but below average for both the wider Maybank area and Winnipeg overall. This highlights a key trait of the property: it's on a standard-sized lot for its specific street, which generally features smaller, more classic urban lots compared to newer subdivisions.
5. How can I find out the exact historical sold price?
The provider offers a manual service to share the exact sold price data they have on file. You can submit your email via the button on the listing with the request, and they aim to reply by the end of the same day, stating they will not use your contact information for unsolicited marketing.