Property Overview: 982 Strathcona Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Strathcona Street in the Minto neighbourhood is a classic Winnipeg property defined by its early 20th-century origins and practical footprint. Built in 1910, it offers 904 square feet of living space on a 3,360 sqft lot. The data reveals a property that is modest in scale and value relative to broader city averages, but quite typical for its immediate area.
Its primary appeal lies in its accessibility and opportunity. With an assessed value significantly below city averages, it represents a lower barrier to entry into the housing market. The lot size is standard for the street, offering a balanced outdoor space without excessive maintenance. A thoughtful perspective is that this home, being older than most in the city, may appeal to those interested in character homes, though it likely requires a buyer comfortable with the upkeep of a century-old structure. It would suit first-time buyers, practical downsizers, or value-focused investors looking for a straightforward property in an established neighbourhood. The recent sale history suggests it’s a actively traded home, indicating a proven market in its price range.
Section 2: Frequently Asked Questions
1. How does this home compare to others nearby?
The home is very typical for Strathcona Street and the Minto area in terms of living and land area. Its assessed value and older age are below the street's average, positioning it as a more value-oriented option on the block.
2. What does the assessed value indicate?
The assessed value of $20,700 is notably below averages for the street, neighbourhood, and especially the city. This typically suggests a lower property tax base, but it can also reflect the home’s age, size, and condition relative to others.
3. The home was built in 1910. What should I consider?
While offering classic charm, a 116-year-old home will likely have older infrastructure. Budgeting for updates to plumbing, electrical, or insulation is prudent. A thorough inspection is essential.
4. The home sold between 2021 and 2025. What does that recent activity mean?
A sale in the last few years suggests the property is seen as a liquid asset in its market segment. It can provide a relevant, recent price point for comparison, though market conditions may have shifted.
5. How usable is the lot size?
At 3,360 sqft, the lot is a manageable size for city living. It's around average for the street, providing space for a garden or patio without the burden of a large, high-maintenance yard.