Property Overview: 126 Barber Street, Winnipeg
Key Characteristics & Appeal
This home at 126 Barber Street in North Point Douglas is defined by its above-average space and value within its immediate community. Built in 1910, it is a character home with a generous 1,813 sqft of living area, which ranks in the top 17% on its street and in the neighborhood. The lot size of 4,098 sqft is also notably larger than many area properties. With an assessed value of $219k, it sits well above the local averages for Barber Street and North Point Douglas, indicating it is a substantial property in its context. However, this value is below the city-wide average, highlighting a key dynamic: this is a home that offers more space and investment per dollar within an established, central neighborhood.
Its appeal lies in offering significant interior and outdoor space for the price point, suited for buyers who prioritize square footage and lot size over a newer build. It would particularly suit a buyer looking for a character home with room to grow, a renovator who sees value in the existing structure and spacious lot, or an investor seeking a substantial property in a neighborhood where values are rising from a lower baseline compared to the broader city.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold between $150k-$200k in September 2017. Its current assessed value of $219k is above that range and above current local averages, suggesting municipal assessment recognizes increased value. A professional appraisal would be needed to determine current market value.
2. What should I consider with a 116-year-old home?
While the age is typical for the street, a thorough inspection is essential. Focus on the foundational integrity, roof, wiring, plumbing, and energy efficiency. The charm of an older home comes with the responsibility of maintaining or updating these core systems.
3. The lot is large for the area. What are the possibilities?
The 4,098 sqft lot is a standout feature. This allows for ample private outdoor space, gardens, or recreational areas. It's wise to check local zoning bylaws for any potential future use, such as adding a garage, workshop, or exploring subdivision potential, though this is not guaranteed.
4. The city-wide rankings for value and lot size seem low. Is this a concern?
Not necessarily. This reflects the neighborhood's more affordable pricing compared to Winnipeg as a whole. It means you are acquiring above-average neighborhood amenities (space, lot size) at a below-average city price, which can represent good value and potential for equity growth as the area develops.
5. How can I get the exact historical sale price?
The exact sold price is not publicly displayed due to industry data rules. You can request the exact figure by emailing the site directly via the "Request exact figures by email" button. They provide this information manually upon request.