Property Overview: 921 Dominion Street, Winnipeg
Key Characteristics & Appeal
This is a compact, established home in the Minto neighbourhood, built in 1941. Its primary characteristic is its modest 720 sqft living area, which is notably smaller than most comparable homes on its street, in Minto, and across Winnipeg. This creates a specific value proposition: the assessed value is proportionally low, sitting around the average for its immediate area, which suggests an accessible entry point into the market.
The appeal lies in its efficiency and lot size. While the house itself is cozy, the 3,657 sqft land parcel is above average for Minto, offering valuable outdoor space and potential. For the right buyer, the smaller interior means lower utility costs, less maintenance, and a simpler lifestyle. The home’s age places it as one of the newer houses on Dominion Street, which may imply updates over time or a potentially more sound structure than some older neighbours.
This property would best suit first-time buyers or investors seeking an affordable foothold in the city. It’s a practical choice for those who prioritize land over living square footage, or for someone comfortable with a efficient, no-frills layout who sees potential in the generous lot.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on direct comparisons with similar properties. While the value is low compared to the entire city, it is around the average for the Minto neighbourhood and Dominion Street, reflecting the home’s smaller size and local market conditions.
2. What does the "Top 90%" ranking for living area mean?
This means the home’s living area is smaller than approximately 90% of comparable homes on Dominion Street. It is a notably compact property, which is a key factor in its pricing.
3. Is the large lot size a significant advantage?
Potentially, yes. With a land area above the Minto average, the lot offers more outdoor space than many neighbouring properties. This could be valuable for gardening, expansion, or simply having more privacy.
4. How reliable are the sold price ranges shown?
The sold price ranges are based on available public data. For the exact historical sale price, you must request it directly via the provided email service, as this information is verified and supplied manually.
5. The home was last sold in 2017. What can that tell me?
The sale nearly eight years ago provides a historical price point, but it does not reflect current market value. It does indicate the property has changed hands relatively recently in its long history, which can sometimes suggest a period of occupancy or updates prior to that sale.