Property Overview: 746 Goulding Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 746 Goulding Street in the Minto neighbourhood presents a classic Winnipeg character home built in 1925. With 943 square feet of living space on a 3,183 sqft lot, its size is very typical for its immediate street and area, offering a manageable footprint. The appeal here is one of consistency and value within its established community. It’s not an outlier in terms of size or assessed value, which sits around $25,000—a figure that is average for Minto but significantly below the city-wide average, highlighting the area's relative affordability.
This property would suit a first-time homebuyer or a pragmatic investor looking for a character home without a premium price tag. Its metrics suggest it’s a standard offering for the locale, meaning you’re buying into a known quantity rather than taking a chance on an over- or under-improved asset. A thoughtful perspective is that a home which is "average" for its desirable, established neighbourhood can represent a lower-risk entry point. The lot size also provides a decent outdoor space relative to the home's footprint, which is a plus not always found with older homes. However, its age (over 100 years) implies that a buyer should be prepared for the maintenance and potential updating that comes with a century-old structure.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about the property tax?
The assessed value for municipal taxes is approximately $25,100. This is a key figure for estimating your annual property tax bill, which will be calculated using the City of Winnipeg's mill rate. It's important to note this is not the same as market value.
2. How does this home compare to others nearby?
The data shows this home is very aligned with its surroundings. Its living area, lot size, and assessed value all rank close to the median for both Goulding Street and the broader Minto area, indicating it’s a representative example of the neighbourhood's housing stock.
3. The home is over 100 years old. What should I consider?
While offering classic charm, a home built in 1925 will likely require close attention to aging components. A thorough inspection is essential to assess the condition of the foundation, roof, plumbing, electrical systems, and insulation. Budgeting for ongoing maintenance is a must.
4. Can I get the exact historical sale price?
The public record shows a sale between $200,000 and $250,000 in 2020. The listing service offers to provide the exact sale price upon request via email, as this precise data is not publicly displayed on the page.
5. Is the lot size a good fit for future expansion or additions?
At just over 3,000 square feet, the lot is standard for the area but may present limitations for large additions or detached structures, depending on zoning bylaws and setback requirements. Checking with the City's planning department would be a necessary step for any significant expansion plans.