Property Overview: 61 Grove Street, North Point Douglas, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 61 Grove Street is a classic, early-1900s residence that represents a practical entry point into Winnipeg's housing market. Its key characteristics are defined by how it compares to its surroundings. With 1,241 sqft of living space and a 3,268 sqft lot, it sits around the average for both the immediate street and the broader North Point Douglas neighbourhood. This suggests a home of comfortable, typical proportions for the area.
The primary appeal lies in its value proposition within a city-wide context. The assessed value of $149k is notably below the Winnipeg average, positioning it as an accessible option. This is a home for a pragmatic buyer—perhaps a first-time purchaser, an investor, or someone seeking a lower-cost footprint with renovation potential. Its century-old character offers charm, but the data indicates it's not an outlier in size or condition for the locale, setting realistic expectations. It suits someone who values location and lot size over modern finishes, and who is prepared for the upkeep common to houses of this vintage. A thoughtful perspective is that its "average" metrics within the neighbourhood suggest a stable, integrated presence on the block, not a standout fixer-upper or a fully renovated premium property.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
Assessed value is for municipal tax purposes and is often, but not always, lower than current market value. Given that this home's assessment is significantly below the city-wide average, it may indicate a more affordable purchase price, but a professional appraisal or market analysis is needed to determine the actual selling value.
2. What should I consider with a home built in 1902?
While full of character, a 124-year-old home will likely require diligent maintenance and updates to systems like wiring, plumbing, and insulation. A thorough pre-purchase inspection is essential to understand the condition and potential future investments needed.
3. The last sold price is listed in a range from 2016. How useful is that?
A sale from nearly a decade ago provides historical context but is not a reliable indicator of today's market value. Significant changes in the market and any renovations since 2016 would have altered the home's worth.
4. The lot size is below average city-wide. Is that a concern?
While the lot is smaller than the Winnipeg average, it is consistent with the more compact, urban lots typical of North Point Douglas. It offers adequate outdoor space for the neighbourhood and may mean less maintenance.
5. How can I get more precise historical data on this property?
The site notes that exact sold prices and full transaction histories are not displayed publicly due to industry rules. You can request this information directly via email from the service provider for a manually verified report.