Property Overview: 157 Austin Street N, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 157 Austin Street N in North Point Douglas is a historic, compact property built in 1901. Its key characteristic is its position as an entry-point opportunity. With a living area of 992 sq ft, it is notably smaller than most homes on its street and in the wider city, and its assessed value of $87K is significantly below area and city averages. The lot size of 2,986 sq ft is also more modest than typical comparisons.
The appeal lies in its affordability and potential. It represents one of the most accessible price points in Winnipeg, suited for a first-time buyer, an investor looking for a rental property, or someone seeking a minimalist footprint with a manageable yard. Its age suggests potential for character, but also implies a need for careful inspection regarding updates and maintenance. A thoughtful perspective is that its below-average metrics across the board could offer a unique chance to add value in an established neighbourhood, with the trade-off being less space and likely more immediate upkeep than a newer home.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city average?
Assessed value is for municipal tax purposes and is influenced by factors like home size, age, condition, and local market trends. This home’s smaller size and age place it in a lower value bracket compared to the citywide average, which includes many larger, newer homes.
2. What does the sold price range (CA$100k–150k) indicate?
This estimated sold price range from early 2025 suggests the home likely transacted above its assessed value, which is common. The range reflects the market price buyers were willing to pay, considering factors an assessment may not fully capture.
3. As a 125-year-old home, what should I be most concerned about?
Prospective buyers should prioritize a thorough inspection focusing on foundational integrity, roof condition, plumbing and electrical systems (which may need updating), and energy efficiency. The charm of an older home comes with the responsibility of maintaining its aging structure.
4. How does this home compare to others in North Point Douglas?
The data shows it is smaller in living area and on a smaller lot than the neighbourhood average. Its assessed value is also in the bottom 10% for the area, indicating it is one of the more affordable properties in North Point Douglas.
5. Where can I get the exact sold price and more detailed history?
The exact sold price is not publicly displayed on this site due to data source rules. You can request the full transaction history and exact figures via email through the provided link on the property page, and the team will manually look it up for you.