Property Overview & Key Characteristics
This 762 sqft home, built in 1927, presents a classic Winnipeg character property in the Minto neighbourhood. Its primary appeal lies in a compelling combination of a relatively large, above-average lot (3,444 sqft) for its immediate area and a notably high assessed value compared to its direct neighbours. This suggests potential for the lot itself or a well-maintained/updated home. The living space is compact, ranking below average for the street and city, indicating a cozy, efficient layout typical of its era.
The property would suit a first-time buyer or an investor looking for a character home with a generous yard in a central location. Its above-average assessment on the street could appeal to someone seeking a home that already stands out in terms of municipal valuation within its peer group. The sales history shows steady value growth, making it a practical entry into the market rather than a luxury purchase.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring homes?
The assessment is in the top 6% on its street, which often reflects factors like renovations, additions, or superior condition compared to immediate neighbours. It’s advisable to review the property’s assessment details with the city or see the home in person to understand what specific features contribute to this.
2. How does the smaller living area impact livability?
At 762 sqft, the home is significantly cozier than the Winnipeg average. This efficient layout suits individuals, couples, or small families comfortable with a more compact footprint, prioritizing lower utility costs and less maintenance over spaciousness.
3. What does the lot size mean for potential use?
The 3,444 sqft lot is larger than most on the street, offering valuable outdoor space for gardening, recreation, or future expansion like a shed or deck. This is a key asset where many inner-city lots are more constrained.
4. The home is nearly 100 years old. What should I consider?
While the building age is typical for the area, a pre-purchase inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation. Character homes offer charm but may require updates.
5. How do I find out the exact past sale prices?
The listed sale prices are estimated ranges from public data. As noted on the detail page, you can request the exact historical sale prices by emailing the site directly; they provide this information manually without using your email for marketing.