Property Overview: 82 Prince Edward Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 82 Prince Edward Street in North Point Douglas is defined by its generous interior space and value within its immediate area. Built in 1906, its key appeal lies in offering significantly more living area (1,647 sq ft) than most comparable homes on its street and in the neighbourhood. This makes it a substantial property for the price point, as reflected in its assessed value of $206,000, which is also above the local average.
The property suits practical buyers looking for space and value in an established inner-city neighbourhood. It’s ideal for someone who prioritizes square footage over a newer build and is comfortable with the character and potential maintenance considerations of a century-old home. A thoughtful perspective is that this home represents an opportunity to own a larger-than-average property in a community where that is uncommon, potentially offering more room to grow or adapt than newer builds in the same price range. However, its city-wide rankings show it is older and on a smaller lot compared to the Winnipeg average, indicating it appeals specifically to those focused on the hyper-local market dynamics of North Point Douglas.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the rest of Winnipeg?
While its assessed value is above average for its street and neighbourhood, it is below the city-wide average. This highlights the property’s strong value within North Point Douglas specifically, but also indicates that average property values differ significantly across Winnipeg’s various districts.
2. What does the “Top 9%” ranking for living area mean?
This means the home’s interior space is larger than 91% of the 22 comparable properties on Prince Edward Street. It is a standout feature, offering more room than is typical for the immediate area.
3. The home was built in 1906. What should I consider?
As a 120-year-old home, potential buyers should budget for and investigate the condition of aging components like the foundation, plumbing, electrical, and roof. A thorough pre-purchase inspection is essential, but the home’s age is typical for the historic character of the neighbourhood.
4. Why is the city-wide land area ranking lower?
The lot size (3,484 sq ft) is typical for the dense, inner-city neighbourhood but is below the Winnipeg average, which includes many newer suburban areas with larger lots. This is a standard trade-off for central location and character.
5. How can I find out the exact past sale price?
The provided data shows a sold price range from 2016. Due to industry regulations, exact sale figures are not published online here. You can request the precise transaction history by emailing the site directly for a manual lookup.