662 Spruce Street

Property Overview: 662 Spruce Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 662 Spruce Street in the Minto neighbourhood presents a distinct profile defined by its contrasts. Its primary appeal lies in offering significantly more interior space than most local comparables. With 1,407 sqft of living area, it ranks in the top 8% on its street and top 13% in the Minto area, standing well above the local averages. This makes it a notably spacious option within its immediate context.

The trade-off is found in the property’s age and lot size. Built in 1913, it is older than most homes in Winnipeg, which suggests potential for character but also implies a need for diligent maintenance and updates. The lot is compact relative to the city-wide average, though it is more typical for the Minto area.

This property would best suit a pragmatic buyer who prioritizes indoor space over land size and is comfortable with the realities of an older home. It’s a strong candidate for someone looking for value within a specific community, where getting more house for the dollar is key, and who may view the smaller, manageable lot as a benefit for lower upkeep. The assessed value is modest compared to the city at large, which could indicate a more accessible entry point, but buyers should be prepared for the maintenance narrative of a century-old structure.

Section 2: Frequently Asked Questions

1. How does the living area compare to nearby homes?
This home is notably larger than most in its immediate vicinity. It offers about 50% more living space than the average home on Spruce Street and about 33% more than the Minto area average.

2. What should I consider about the 1913 build date?
A home of this age likely has a mix of original charm and outdated systems. A thorough inspection is essential to understand the condition of the foundation, wiring, plumbing, and roof, and to budget for any necessary updates or repairs.

3. Is the lot size a disadvantage?
While the lot is smaller than the Winnipeg average, it is relatively typical for the Minto area. This can mean less exterior maintenance, but also limited space for expansions, large gardens, or extensive outdoor recreation.

4. Why is the city-wide assessed value ranking lower?
The assessed value is based on the property’s characteristics (age, size, location) for municipal tax purposes. Its value is modest compared to the broader Winnipeg market, which includes many newer homes on larger lots. This doesn’t necessarily reflect its market price but indicates its position in the overall tax base.

5. Can I find out the exact historical sale price?
The listed sale price from 2019 is a public range. The exact, precise sale price is available by request from the listing service. You can provide your email to receive the accurate figure, which they provide manually without using your information for marketing.