Property Overview: 699 Goulding Street, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on space and location. Built in 1914, it is a mature property in the Minto neighbourhood. Its primary appeal lies in its above-average living area (1,200 sq ft), which is notably larger than most similar homes on its street and in the immediate area. This makes it a practical choice for those seeking more interior room without a premium price tag.
The property’s assessed value is modest compared to the Winnipeg city-wide average, suggesting a potentially accessible entry point into the market. However, the lot size is more compact relative to many city properties. The home last sold in the 2019 price range of $250k-$300k.
This property would best suit a pragmatic buyer who prioritizes interior square footage over a large yard or newer construction. It’s a candidate for someone comfortable with the character and potential maintenance considerations of a century-old home, looking for value within a established community. Its appeal is specific: you are buying significantly more house for your money in a neighbourhood context, but not necessarily land or new infrastructure.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
Assessed value for tax purposes is not market value. This lower assessment primarily reflects the home’s age, the modest lot size, and the general valuation trends of the Minto area compared to newer or more affluent neighbourhoods across Winnipeg.
2. What does the "above average" living area ranking mean for me?
It means that for this street and local area, you get more interior space than most comparable homes. While the home is older, you are not paying a premium for that extra square footage relative to your immediate neighbours, which can be an efficient use of budget.
3. Are there concerns with a home built in 1914?
Potentially, yes. While it offers charm and established construction, a home of this age will likely have older systems (plumbing, electrical, foundation). A thorough inspection is essential. The upside is that many major issues in such an old home have often been addressed over time.
4. How meaningful is the smaller lot size?
This depends on lifestyle. The lot is under 2,700 sq ft, which means lower maintenance and yard work—a plus for some. For those wanting extensive gardening, outdoor recreation, or future expansion, it is a significant limitation. It’s compact even compared to lots on the same street.
5. Can I get the exact past sale price?
The listed sale range is based on public data. The exact, legally registered sale price from 2019 is available by request from the site via email, which they provide manually as a service.