662 Goulding Street

Property Overview: 662 Goulding Street, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of established neighbourhood character and standout lot size. Built in 1945, its 958 sqft living space is typical for Minto, offering a manageable footprint. The true differentiator is the 4,824 sqft lot, which ranks in the top 1% on Goulding Street, providing exceptional outdoor space rare for the area.

Its appeal lies in this generous land parcel within a mature community, offering potential for gardening, expansion, or simply more private space than neighbours have. The assessed value ranks well above average for both the street and the neighbourhood, suggesting a solid foundation of value relative to its immediate peers.

This property would suit a buyer looking for a character home with room to breathe outdoors, without the upkeep of a larger house. It’s ideal for someone who values lot size over square footage and is comfortable with a home that may require updates reflective of its era. It could also appeal to a long-term investor recognizing the inherent value of a large lot in a settled area.

Frequently Asked Questions

1. How does the lot size compare to typical city properties?
While the lot is elite for the street and above average for the Minto neighbourhood, it is around the city-wide average. This highlights the value of larger lots in older, central communities compared to newer subdivisions.

2. The assessed value seems low compared to the city-wide average. Why?
The city-wide average assessed value includes all property types and areas. This home’s assessment is significantly above average for its own neighbourhood and street, which is a more relevant indicator of its standing in the local market.

3. What might the recent sale price ranges indicate?
The reported sale price ranges in 2022 and 2023 placed the home in the top 10% for the area at those times. This consistent high-ranking sale history suggests strong demand and perceived value for this specific property.

4. As a home from 1945, what should I consider?
While the build year is newer than many on the street, a home of this age will likely have systems (like plumbing or electrical) that have been updated over time. A thorough inspection is key to understand the condition and any modernizations.

5. The living area is below the city average. Is the house small?
At 958 sqft, it is moderately sized. It’s very close to the average for Goulding Street and Minto, indicating it’s typical for the community. The layout and flow of the space, combined with the large lot, often matter more than square footage alone.