Property Overview: 850 Downing Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 850 Downing Street in the Minto neighbourhood is a practical, post-war property built in 1944. With 979 square feet of living space, it offers a comfortable size for its local context, ranking above average for its age on the street but presenting as a more modestly sized home city-wide. Its assessed value is notably consistent with the immediate area, suggesting it is priced in line with its Minto neighbours, though well below the Winnipeg average.
The primary appeal lies in its positioning as an affordable entry point into the Winnipeg market, particularly for those seeking a home in an established neighbourhood without a premium price tag. The lot size, while smaller than others on Downing Street, is fairly typical for Minto, offering manageable outdoor space. A thoughtful perspective is that this home represents the "local normal"—its metrics are unexceptional city-wide but competitive and typical within its own community. It would suit first-time buyers, practical downsizers, or investors looking for a character home with lower property tax obligations due to its below-city-average assessed value. Its recent sale in the 2022-2025 period also indicates a modern transaction history for market comparison.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value for municipal taxes is often different from market value. Here, the assessed value is very aligned with the Minto area average, but the last sold price range (CA$200k–250k in 2022) is a more current indicator of its market worth.
2. Is the living space sufficient for a small family?
At 979 sq ft, the living area is around the average for the Minto neighbourhood. It could accommodate a small family, but floor plan layout is key. Viewing the home is essential to understand the room sizes and flow.
3. What are the implications of the home being built in 1944?
A home of this age may have classic charm but likely requires diligent maintenance and potential updates to mechanical systems like wiring, plumbing, or insulation. Its above-average age rank on the street suggests it is actually newer than many immediate neighbours.
4. Why is the lot size ranked "below average" on Downing Street?
The lot is 3,546 sq ft, which is smaller than the average lot on Downing Street itself. However, it is closer to the average for the broader Minto area. This means yards on this specific street tend to be larger, but this property's lot is more typical of the neighbourhood overall.
5. How can I find out the exact past sale price?
The provided sold price is a public data range. The listing notes that you can request the exact historical sold price by emailing their team, who manually provide the information without using your email for marketing.