778 Goulding Street

Property Overview: 778 Goulding Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 912 sqft home, built in 1949, sits on a notably generous 3,763 sqft lot in the Minto neighbourhood. Its primary appeal lies in its strong standing within its immediate context. Compared to other homes on Goulding Street and in the Minto area, it ranks well above average for its assessed value and lot size, and it is one of the newer constructions on the block. This suggests a well-maintained property that holds relative value within its established community.

The home would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize lot potential over sheer interior size. The larger-than-average lot for the area offers room for gardening, expansion, or outdoor living, which is a significant asset in a mature neighbourhood. While its living space is modest by city-wide standards, its strong local rankings indicate a solid, competitive property for those looking to enter a specific community rather than seeking maximum square footage. Recent sale history shows steady appreciation, pointing to a stable investment in a well-located area.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its neighbours?
The home’s assessed value ranks in the top 14% on its own street and the top 24% in the broader Minto area, meaning it is assessed higher than most comparable nearby properties. This often indicates above-average condition, updates, or desirability for the location.

2. Is the house unusually old for the area?
Quite the opposite. Built in 1949, it ranks in the top 4% (or "Elite") for year built on Goulding Street, making it one of the newer homes in that specific grouping. The area is primarily composed of homes built in the 1930s and 1940s.

3. What does the sold price history indicate?
The home sold in the $300k-$350k range in 2022 and the $200k-$250k range in 2019. This upward trend suggests growing value, but it’s important to note these are public price ranges. For exact historical sale figures, you must request the information directly.

4. The lot size is mentioned as a key feature. How significant is it?
With 3,763 sqft, the lot is above average for both the street and the Minto area. This provides more outdoor space than many neighbouring properties, which is a fixed feature that can add long-term value and utility.

5. How does this property fit into the wider Winnipeg market?
City-wide comparisons show this home is more modest in living area, lot size, and assessed value relative to the Winnipeg average. This highlights its positioning as an affordable, community-focused option within the city, rather than a large, suburban-style property. Its strengths are most apparent when compared locally.