Property Overview: 146 Darwin Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on its land. Built in 1971, the 833 sqft house is notably compact compared to others on Darwin Street and in the wider Minnetonka area. However, it sits on a generous 7,069 sqft lot, which is larger than most in its immediate vicinity and city-wide. This creates a clear opportunity: the property offers significant outdoor space relative to the home's footprint.
The primary appeal lies in its potential. With a below-average assessed value for the street and area, it represents a more accessible entry point into the market. This setup is ideally suited for practical buyers who prioritize land over living area. It could be a perfect fit for a first-time homeowner comfortable with a cozy interior, a buyer looking for a long-term project with room to expand or garden, or an investor seeking a property where the land itself is a substantial portion of the asset's value. Its most recent sale was between $300k-$350k in 2022, positioning it as a pragmatic rather than a premium purchase.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 833 sqft, the living space is compact, ranking below average for the street and neighborhood. It would suit individuals, couples, or those comfortable with efficient living. The trade-off is the larger-than-average lot it sits on.
2. What does the assessed value tell me?
The assessed value ($35.30k) is for municipal tax purposes and is significantly lower than market sale prices. It indicates the home is likely taxed at a lower rate than many comparable properties, which is a financial positive, but it should not be used to estimate market value.
3. Why is the lot size important here?
The lot is a key feature. At over 7,000 sqft, it's larger than most nearby properties. This provides valuable outdoor space, potential for additions, gardening, or simply more privacy than smaller lots offer.
4. How does its 2022 sale price help me?
The prior sale range ($300k-$350k) gives a recent market benchmark. However, market conditions have likely changed since then. For the most accurate historical price, you can request the exact sold price via email from the listing service.
5. Who would this property not suit?
It may not be ideal for buyers who need substantial move-in-ready indoor space for a growing family or those who do not want to utilize or maintain a larger lot. It's best viewed as a property where the land is a central part of its value.