Property Overview: 259 Austin Street N, Winnipeg
Key Characteristics & Appeal
This home at 259 Austin Street N in North Point Douglas is a practical, early-20th century property offering solid value within its immediate area. Built in 1904, it features 1,498 sqft of living space, which is notably above average for the neighbourhood and typical for the city overall. The assessed value of $167k is very close to the average for both Austin Street and North Point Douglas, indicating it is priced consistently within its local market. However, this value is significantly below the Winnipeg citywide average, highlighting the area's relative affordability.
The appeal lies in its space-efficient footprint and its position as a standard, no-surprise offering in the community. It suits value-conscious buyers, such as first-time homeowners or investors, who are prioritizing interior space and a lower entry price over a large lot or a newer build. A thoughtful perspective is that while the lot size is smaller than many in the city, the above-average living area for the neighbourhood suggests the home makes efficient use of its space. Its age (122 years) means potential buyers should be prepared for the character and maintenance considerations of a century-old home, but it also represents a piece of the area's historic fabric.
Frequently Asked Questions
1. How does the assessed value compare to likely selling prices?
The assessed value ($167k) is for municipal tax purposes and is typically close to market value in stable areas. Given its alignment with local averages, it can be a reliable benchmark, but the final sale price will depend on current market conditions, the home's state of repair, and buyer demand.
2. What does the home's age mean for maintenance?
Built in 1904, the home will likely have classic architectural charm but may require more ongoing upkeep or specific renovations (like updating electrical or plumbing systems) compared to a newer build. A thorough inspection is essential.
3. Is the lot size a limitation?
At 3,266 sqft, the lot is smaller than many in Winnipeg but is fairly typical for North Point Douglas. It provides adequate outdoor space without extensive yard maintenance. For buyers seeking a large garden or expansion potential, it may feel constrained.
4. How does this property fit within the North Point Douglas neighbourhood?
The home is statistically average to above-average for the area in terms of size and value. It represents a core, stable property in the community, not an outlier, which can be positive for consistency and resale.
5. Where can I find verified past sale prices for this home?
The site notes that exact sold price data is not displayed publicly due to industry rules. You can request the full transaction history and exact figures by emailing the site directly for a manual lookup.