Property Overview: 733 Goulding Street, Winnipeg
Key Characteristics & Buyer Appeal
This home is defined by its compact efficiency and historic roots. Built in 1929, it offers a modest 504 sqft of living space, which is notably smaller than most homes on its street, in the Minto neighbourhood, and across Winnipeg. This places it at the very bottom of the rankings for living area size. The lot, at just under 2,900 sqft, is more in line with local averages for the area.
The primary appeal lies in its accessibility and potential. With an assessed value significantly below the citywide average, it represents one of the most affordable entry points into homeownership in Winnipeg. This is a property for a pragmatic buyer—someone seeking minimal upkeep, low property taxes, and a straightforward footprint. It would suit a first-time buyer, an investor looking for a rental property, or someone wanting to downsize to the essentials. A less obvious perspective is that its very small size and low assessed value could make it a candidate for a strategic land-value play in the long term, where the structure itself is secondary to the owned parcel in a developed city neighbourhood.
Frequently Asked Questions
1. Why is the assessed value so much lower than the citywide average?
The assessed value reflects the property's very small living area and modest characteristics compared to the broader Winnipeg market, which includes many larger, newer homes. It is more in line with values in its immediate Minto neighbourhood.
2. What does the ranking for living area (Top 100%) actually mean?
A "Top 100%" ranking for living area indicates that this property is in the bottom 0% for size—it has the smallest living area among all comparable properties in its comparison groups. This is a clear indicator of its compact nature.
3. The home sold between $200k-$250k in 2021. Is the assessed value an accurate reflection of market value?
No, assessed value for tax purposes is often different from current market value. The 2021 sale price provides a more recent market benchmark, but a professional appraisal or current market analysis would be needed to determine today's value.
4. Given the age of the home, what should I be concerned about?
As a home built in 1929, potential buyers should prioritize inspections for foundational integrity, the condition of major systems like wiring and plumbing (which may have been updated over time), and the roof. Its age is typical for the street but requires due diligence.
5. How can I find out the exact historical sale price?
The exact sold price is not publicly displayed. As noted on the detail page, you can request it by email from the service, which provides the accurate figure manually without using your email for marketing.