Property Overview: 615 Goulding Street, Winnipeg
Key Characteristics & Appeal
This home at 615 Goulding Street in the Minto neighbourhood is defined by its practicality and position as an accessible entry point into the Winnipeg market. Its key characteristic is its compact scale, with a 680 sqft living area and a 2,414 sqft lot, both consistently below average for the street, neighbourhood, and city. Built in 1923, it is a century-old property that presents a classic renovation or maintenance opportunity.
The appeal lies in its straightforward affordability, as reflected in its assessed value of $21,300, which is significantly below city-wide averages. This is not a move-in-ready showcase home, but a foundational property. It would suit a first-time buyer or an investor looking for a lower-cost foothold in the city, who is prepared to manage the upkeep of an older home. A thoughtful perspective is that its smaller size and lot offer reduced maintenance demands and utility costs, which can be a strategic advantage for a certain lifestyle. Its recent sale between 2023 and 2025 suggests it is a transactable property within an active, lower-price segment of the market.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property's specific attributes—its smaller size, older age, and lot dimensions—which are all below the city's typical benchmarks. It reflects the home's value within its immediate context, not the broader metro market.
2. What does the "Top 87%" ranking for living area mean?
This statistic means the home's living area is smaller than about 87% of comparable properties on Goulding Street. It is a relative measure confirming the home's compact footprint compared to its direct neighbours.
3. Is the $200k–$250k sold price range shown the exact price?
No, the range is an estimate based on public data. To obtain the exact historical sold price, you must request it via the provided email service, which manually confirms the figure.
4. What should I consider about a home built in 1923?
A home of this age likely has original building materials and systems. Prospective buyers should budget for potential updates to plumbing, electrical, or insulation, and consider a thorough inspection to understand the condition and any needed repairs.
5. How does this property compare to others on the same street?
The data shows this home is consistently below the street averages for living area, assessed value, and lot size, and is older than most. It sits in the lower tier on the street for these metrics, indicating it is one of the more modest properties in the immediate area.