Property Overview: 822 Minto Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic 1945-built bungalow in the Minto neighbourhood, offering a practical and affordable entry into Winnipeg’s housing market. Its key characteristic is its relative value within its immediate area. With a living area of 737 sqft, it is a compact home, smaller than many in the wider city but competitively sized for Minto Street itself. The lot size of 2,668 sqft is also typical for the local streetscape. The appeal lies in its positioning: its assessed value is very close to the average for both the street and the broader Minto area, suggesting it is priced appropriately within a familiar and established community context. It last sold in the $200k-$250k range in 2024.
This property would suit first-time buyers or investors seeking a lower-priced, no-frills home in a mature neighbourhood. Its manageable size and lot imply lower utility costs and easier upkeep. A thoughtful perspective is that while its city-wide rankings for size and value are in the lower percentiles, this highlights its role as an accessible housing option. For the right buyer, its "average" standing locally is a strength, indicating stability and less risk of being over-improved relative to nearby properties.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 737 sqft, the living area is smaller than the average home on Minto Street (approx. 995 sqft) and significantly smaller than the Winnipeg city average. However, it is comparable to other classic bungalows in the area, as seen with the reference property at 812 Goulding Street (666 sqft).
2. What does the assessed value tell me about the property?
The assessed value of $23,700 is very close to the average for both Minto Street and the Minto neighbourhood, indicating it is typical for the area. It is important to note that assessed value for tax purposes is different from market value, which is better indicated by its recent 2024 sale price range.
3. Is the lot size a positive feature?
The 2,668 sqft lot is slightly smaller than others on the street but is generally average for the Minto area. It provides a manageable yard space without excessive maintenance demands, which can be an advantage for those seeking simplicity.
4. The home was built in 1945. What should I consider?
As an 80-year-old home, a thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation. That said, its build year is actually newer than many homes in the Minto area and across Winnipeg, which can sometimes be an advantage.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The listing service notes that you can request the exact sold price history by emailing them directly, a process they handle manually without using your email for unsolicited marketing.