Property Overview
This home at 625 Goulding Street in Winnipeg's Minto neighborhood presents a practical and affordable entry point into the city's housing market. Built in 1946, its key appeal lies in its relative modernity compared to many homes on its street and in the immediate area, offering a potentially updated foundation. With 863 square feet of living space and an assessed value of $250,000, it sits around the average for its local context but represents a notably below-average price point city-wide. The lot size is compact at 2,413 square feet, which translates to lower maintenance. This property would suit first-time buyers, downsizers, or investors seeking a straightforward, lower-cost home in a central location without the premium of a larger lot or a newer build. Its value proposition is one of function and location over size, ideal for those who prioritize a manageable footprint and a historically stable neighborhood.
Frequently Asked Questions
1. How does this home's value compare to recent sales?
Based on available data, a property on this street sold between $150,000 and $200,000 in 2020. The current assessed value of $250,000 is higher, reflecting broader market changes. For the exact sold price history, you can request details via email.
2. What does the "above average" year built ranking mean for me?
While the home is 80 years old, it ranks in the top 11% on its street for year built. This means it is notably newer than most immediate neighbors, suggesting it may have undergone updates over time or require less immediate corrective work than older surrounding homes.
3. Is the smaller lot size a disadvantage?
It depends on your priorities. The lot is smaller than most in the city, which limits expansive gardening or large additions. However, it also means less yard work, lower landscaping costs, and potentially a more efficient use of space, which can be a benefit for those seeking low-maintenance living.
4. Who would this property not be suitable for?
It may not suit buyers needing significant space for a growing family, those who desire a large private yard, or anyone looking for a newer home with modern, open-concept layouts. The living area is below the city average.
5. How can I get more context on the neighborhood?
You can open the dedicated neighbourhood analysis page to see this property on a map alongside nearby houses, comparing details like year built, living area, and lot size to get a clearer sense of the immediate area's character.