Property Overview
This home at 797 Dominion Street in Winnipeg's Minto neighborhood presents a specific and compelling value proposition. Built in 1948, its key appeal lies in its strong relative standing within its immediate area. The 1,280 sqft living space is notably above average for both Dominion Street and the wider Minto area. It sits on a generous 4,196 sqft lot, which is also well above local norms, offering more outdoor space than most neighboring properties. A thoughtful perspective is that this home represents a "larger fish in a smaller pond"—its metrics are strongest when compared to its direct peers on the street and in Minto, rather than city-wide. This suggests it's a standout property within an established, mature community.
The home would suit practical buyers looking for space and value in a central neighborhood. It's ideal for someone who prioritizes a larger lot and more interior space over a newer build, and who understands the value of a home that outperforms its immediate market. The data indicates it's particularly well-suited for buyers focusing on the character and established nature of the Minto area, where this property holds competitive advantages in size and lot dimensions.
Frequently Asked Questions
How does this home's age affect its value?
While 78 years old, the home's 1948 build date is actually newer than most on Dominion Street and in Minto, where average build years are 1933. This relative modernity for the area can be an advantage, potentially meaning updates or systems are more recent than in neighboring houses.
Is the assessed value a good indicator of the selling price?
The assessed value of $28,300 is for municipal tax purposes and is not a market valuation. It is close to the street average but above the area average. The last recorded sale was between $300k-$350k in 2021, which is a more relevant benchmark, placing it in the top 16% for sale prices in Minto at that time.
What does the lot size ranking mean practically?
With a lot size in the top 14% on its street and top 13% in Minto, this property offers more outdoor space than most comparable local homes. This is a significant perk in an older neighborhood, allowing more room for gardening, recreation, or additions.
How does it compare to the city as a whole?
The home's characteristics are strongest in a local context. City-wide, its living area is around average, its lot size is below average, and it's older than the typical Winnipeg home. This reinforces that its primary appeal is rooted in its desirability within the Minto community itself.
Where can I see more context about the neighborhood?
A detailed neighborhood analysis map is available, allowing you to see nearby houses and compare specifics like year built, living area, and lot size directly with surrounding properties.