711 Goulding Street

Property Overview: 711 Goulding Street, Winnipeg

Key Characteristics & Buyer Profile

This home at 711 Goulding Street in the Minto neighbourhood is a practical and modestly scaled property built in 1924. With 760 sqft of living space, it is smaller than most homes in the wider city, but is more in line with the scale of houses on its own street. It sits on a standard city lot of approximately 3,178 sqft. A key characteristic is its relatively low assessed value compared to peers, which can signal a different property type or condition, but also suggests a potentially lower entry point for the area.

Its appeal lies in its position as an affordable, no-frills option in a mature neighbourhood. It represents a chance to own a character home from the 1920s, likely with simpler original features, and could be a straightforward project for someone not wanting a massive renovation. The lot size is typical for the local area, offering standard outdoor space without extensive upkeep.

This property would suit a first-time buyer, an investor looking for a rental property, or a downsizer seeking a manageable footprint and lower tax burden. It’s for a pragmatic buyer who prioritizes location and affordability over square footage, and who may see potential in a home that ranks below average in assessed value for the street.

Frequently Asked Questions

1. Why is the assessed value notably lower than the average on the street?
A lower assessed value can be due to several factors, including the home's smaller size, its specific condition, older components that may need updating, or a simpler layout compared to neighbours. It’s a key point to investigate further through a viewing.

2. What does the "Sold Price" range for 2023 indicate?
The listed range of CA$200k–250k from a 2023 sale provides a recent market benchmark. The exact price within that range would clarify how this property’s unique characteristics (like size and condition) were valued by a buyer at that time.

3. As a 102-year-old home, what should I be mindful of?
While many homes of this era are solidly built, key systems like plumbing, electrical, roofing, and the foundation should be carefully evaluated. Its age places it among the older homes on the street, so a thorough inspection is essential.

4. How does the living space compare to nearby homes?
At 760 sqft, the home is cozier than the Minto neighbourhood average (~1,060 sqft) but is closer to the average for Goulding Street itself (~939 sqft). This suggests the street may have a mix of similar, compact character homes.

5. Is the lot size a good feature?
The lot is fairly standard for the immediate area. It offers typical backyard space for a city home but is not unusually large. It provides room for gardening or a patio without being overly demanding to maintain.