Property Overview: 794 Dominion Street, Winnipeg
Key Characteristics & Appeal
This home presents a compelling case as a well-positioned property within its established Minto neighbourhood. Built in 1947, it is notably newer than many homes on its street and in the surrounding area, which may suggest updated infrastructure or fewer legacy maintenance concerns compared to older peers. With 1,302 sqft of living space and a 3,831 sqft lot, it offers above-average room both indoors and out for the immediate locale, providing a sense of space that is competitive in Minto but more modest compared to the Winnipeg city-wide average.
Its primary appeal lies in its strong relative value within its community context. The assessed value of $310k ranks in the top 10% for the Minto area, indicating it is considered a higher-value home locally. This, combined with its above-average living area and lot size for the neighbourhood, suggests a property that stands out in its specific market. It would suit a buyer looking for a established, character neighbourhood who values a home that is a step above the local norm in terms of size, perceived value, and newer vintage, without venturing into the premium price brackets of newer city subdivisions. It’s a solid choice for those prioritizing neighbourhood equity and space over a brand-new build.
Frequently Asked Questions
1. How does this home’s age affect its value and condition?
While 79 years old, this 1947-built home is newer than the average home on Dominion Street (avg. 1933) and in Minto. This relative newness for the area can be an advantage, potentially meaning fewer antiquated systems or more modern layouts than neighbouring properties, though a full inspection is always recommended.
2. The assessed value seems high for the area. Is that accurate?
The $310k assessment places it in the top 10% of homes in Minto, confirming it is officially considered a higher-value property for the neighbourhood. This typically reflects its combination of size, condition, and lot relative to others nearby.
3. How does the lot size compare?
At 3,831 sqft, the lot is above average for both the street and the Minto area, offering good outdoor space in that context. It is, however, below the city-wide average, which is typical for older, central neighbourhoods compared to newer suburban developments.
4. What do the past sale prices indicate?
The home sold in the $300k-$350k range in 2020 and the $200k-$250k range in 2016. This history shows significant appreciation over that period and suggests the current assessment is in line with recent market activity.
5. Where can I see more detailed context about the immediate area?
A neighbourhood analysis map is available for this property, allowing you to visually compare it with nearby homes based on year built, living area, assessed value, and lot size.