Property Overview: 736 Goulding Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 736 Goulding Street in the Minto neighbourhood is a classic, compact property built in 1925. With 748 square feet of living space, it is notably smaller than average for the city, offering a low-maintenance footprint. Its assessed value of $230,000 is relatively modest compared to broader Winnipeg averages, presenting an accessible entry point into the market. The lot size of 3,183 sq. ft. is fairly typical for the immediate area.
The primary appeal lies in its practicality and value. It suits first-time buyers seeking an affordable starter home without a large renovation project, or investors looking for a character property with steady rental potential in an established neighbourhood. Its smaller size translates to lower utility costs and less upkeep, a significant but often overlooked advantage. While the home is below average in size city-wide, it sits comfortably within the norms of its own street and community, suggesting it’s a good fit for the local context rather than an outlier. Recent sale history indicates stable value.
Section 2: Frequently Asked Questions
1. Is the smaller living area a concern?
At 748 sq. ft., the home is compact. It’s best suited for individuals, couples, or small families. The trade-off is often greater affordability and lower ongoing maintenance and heating costs.
2. How does the assessed value compare?
The $230,000 assessment is around average for Minto and Goulding Street but is below the city-wide average. This typically indicates a more affordable purchase price relative to much of Winnipeg.
3. What should I know about a home built in 1925?
A 101-year-old home has character but requires a diligent inspection. Key focuses should be the foundation, roof, wiring, and plumbing to understand any needed updates or maintenance inherent to its age.
4. What is the potential for future expansion?
The lot size is standard for the area. While expansion may be physically possible, it's essential to check specific zoning bylaws and setback requirements with the city before making plans.
5. How can I find out the exact past sale prices?
The listed sale prices are ranges based on public data. You can request the exact historical sold prices by emailing the site directly; they provide this detail manually at no cost.