Property Overview: 57 Barber Street, Winnipeg
Section 1: Key Characteristics & Appeal
This North Point Douglas home presents a compelling mix of modern convenience and neighborhood value. Built in 2005, it is a notably newer construction compared to most homes on its street and in the wider area, offering potential advantages in building systems and maintenance. With 1,140 sqft of living space and a 3,950 sqft lot, its size is very typical for the immediate neighborhood.
The primary appeal lies in its strong position within the local market. Its assessed value of $231k ranks in the top 11% on Barber Street and top 9% in North Point Douglas, indicating it is considered a higher-value property in this specific community. This suggests above-average finishes, condition, or desirability for the area. The home suits practical buyers looking for a relatively modern, move-in-ready property without the premium of a brand-new build. It would also appeal to value-conscious investors or homeowners who prioritize equity and standing within a specific community over city-wide comparisons, as its valuation is strong locally but more modest when viewed across all of Winnipeg.
A thoughtful perspective is that this property represents a "big fish in a small pond" scenario. It offers the benefits of a newer home while being nestled in an established, historic neighborhood. For the right buyer, this provides a balance of modern living and community character that can be hard to find.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the likely sale price?
The assessed value of $231k is for municipal tax purposes and is not a direct indicator of market value. However, its high rank locally suggests it is a premium property for North Point Douglas. The last known sale was between $250k-$300k in late 2020.
2. What does the "Elite" ranking for Year Built mean?
This means the 2005 build date places this home in the top 5% of properties in North Point Douglas by newness. In a neighborhood with many heritage homes, this is a significant differentiator, typically implying newer plumbing, electrical, insulation, and roofing.
3. Is the living space smaller than average?
At 1,140 sqft, it is slightly below the average for the immediate street and city-wide, but squarely average for the North Point Douglas area. This indicates the home's size is typical for this specific community's housing stock.
4. Why is the city-wide assessed value ranking lower?
The "below average" city-wide ranking (Top 87%) reflects that average assessed values across all of Winnipeg are significantly higher ($390k). This highlights the neighborhood's relative affordability. The property is a high-tier home within its own, more modestly priced area.
5. How can I find out the exact past sale prices?
The site provides sold price ranges for context. Due to data licensing rules, exact sale figures from the MLS are not published online here. You can request the full, verified transaction history by email through the provided form for a manual lookup.