Property Overview: 105 Norquay Street, Winnipeg
Key Characteristics & Appeal
This home at 105 Norquay Street is a classic, early-1900s residence in the McMillan neighbourhood, offering a blend of established character and practical space. With nearly 2,000 square feet of living area, it provides ample room, ranking above the citywide average for size. Its assessed value is consistent with the local area, suggesting it is fairly positioned within the market. The lot size is typical for the street but smaller than many city and neighbourhood lots, indicating a more urban, low-maintenance yard.
The appeal lies in its balance. It’s a home with historic roots (built in 1905) that doesn’t sacrifice on living space. It suits buyers looking for the charm and solid construction of an older home in a mature community, without the extreme upkeep of a much larger property. It would be a strong fit for a small family, a couple seeking space to grow, or a pragmatic buyer who values neighbourhood character over a sprawling yard. A thoughtful perspective is that its "average" metrics within its immediate area can be a stability advantage, indicating a predictable investment in a well-established streetscape rather than an outlier.
Frequently Asked Questions
1. How does the home’s age affect potential renovations?
Built in 1905, the home likely has solid craftsmanship but may require updates to mechanical systems like wiring or plumbing. Renovations should be planned with an understanding of older home construction methods.
2. Is the lot size a limitation?
At approximately 3,300 sq. ft., the lot is manageable and low-maintenance but offers limited space for large expansions, pools, or extensive landscaping compared to newer suburban lots.
3. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. The home last sold for an estimated $400k-$450k in 2022, which is a more current market indicator. Always consult recent comparable sales for pricing.
4. What is the neighbourhood like?
McMillan is a central, established neighbourhood. The listing shows nearby properties of similar vintage, suggesting a consistent streetscape with a mix of well-kept historic homes.
5. Where can I see more detailed data about nearby homes?
You can use the provided link to open a neighbourhood map analysis to compare this property directly with neighbours on factors like year built, lot size, and value.