Property Overview: 908 Spruce Street, Winnipeg
Key Characteristics & Appeal
This home at 908 Spruce Street in the Minto neighbourhood is a practical and character-filled property built in 1922. Its key appeal lies in its established location and efficient scale. With 866 sqft of living space and a 3,058 sqft lot, the home offers a manageable footprint that is quite typical for its immediate street and area, ranking around the middle of the pack locally. This suggests a comfortable fit within a mature community without the premium often attached to larger, newer builds.
The assessed value of $270,000 positions it as a more accessible entry point within Winnipeg’s broader market, ranking in the top third on its own street. Its last known sale was between $250,000-$300,000 in 2021. The home’s age (104 years) means it likely possesses classic architectural charm but also implies that a buyer’s comfort level with potential updates and maintenance will be important.
This property would best suit a first-time homebuyer, a downsizer, or an investor looking for a character home in a long-established neighbourhood. It appeals to those who value location and lot size over square footage, and who are prepared for the realities and rewards of an older home. A thoughtful perspective is that its "below average" size city-wide is actually a strength for those seeking lower utility costs and less space to maintain, while its lot size offers valuable outdoor potential relative to the home's footprint.
Frequently Asked Questions
1. How does this home compare to others in the area?
Within the Minto neighbourhood and on Spruce Street itself, the home is quite average in terms of living area, lot size, and assessed value. Its age is older than most on its street but typical for the wider area. This indicates it’s a standard offering for this specific community.
2. What does the assessed value tell me about the price?
The $270,000 assessment is a municipal valuation for tax purposes, not a market price. However, it shows the home is valued in the top third of properties on its own street, suggesting it is considered a solid property within its immediate context. The last sale price (2021) fell within the $250k-$300k range.
3. Are there any concerns with a home built in 1922?
A home of this age will likely have undergone various updates. Prospective buyers should prioritize a thorough inspection to understand the condition of major systems like wiring, plumbing, and the foundation, and to budget for ongoing maintenance consistent with a century-old structure.
4. Is the lot size a good feature?
Yes. At over 3,000 sqft, the lot is a solid size for the area and offers good outdoor space relative to the home's modest square footage. This provides room for gardening, entertaining, or potential expansions, subject to local zoning.
5. How can I find out the exact historical sale prices?
The provider offers a manual service to receive the exact sold price history via email. You can submit your request directly on the page, and they aim to reply by the end of the same day, stating they will not use the contact for unsolicited marketing.