Property Overview
216 Campbell Street is a well-established home in Winnipeg's North River Heights neighbourhood. Built in 1944, it offers 1,553 square feet of living space on a 4,802 square foot lot, with a current assessed value of $449,000.
Key Characteristics & Appeal
This home presents a solid, middle-ground option in a desirable area. Its primary appeal lies in its efficient use of space; the living area is notably above average for its specific street and for the city overall, suggesting a comfortable layout within a classic footprint. The assessed value is competitive, sitting around the average for the immediate area but above the Winnipeg city-wide average, which speaks to the enduring value of the North River Heights location.
A thoughtful perspective is that this 1940s-era home likely represents a balance of character and practicality. It's not the newest nor the oldest on the block, potentially meaning it has benefited from updates over the decades while retaining its foundational charm. The lot size, while slightly smaller than some neighbours, is very typical for the neighbourhood and offers manageable outdoor space.
This property would suit buyers looking for a genuine, no-surprises home in a prime neighbourhood. It’s ideal for someone who values space efficiency over sheer size, appreciates a stable and established community, and is seeking a property with a value proposition that is strong city-wide. It may particularly appeal to downsizers, small families, or professionals wanting a classic home without the premium price tag of a larger or fully renovated property.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300,000-$350,000 in August 2020. With a current assessed value of $449,000, this indicates significant appreciation. It’s important to note that assessed value is for tax purposes; a professional appraisal or market analysis is needed to determine current fair market value.
2. What does the "above average" living area ranking mean for daily life?
Ranking in the top 21% for living area on Campbell Street means this home offers more interior space than most of its direct neighbours. This translates to potentially larger rooms, more storage, or a more functional layout compared to other homes of similar vintage on the block.
3. Is a home from 1944 going to need major repairs?
While the building age (82 years) is above the city-wide average, it is typical for North River Heights. This underscores the importance of a thorough inspection. Key systems like wiring, plumbing, and the roof may have been updated, but budgeting for ongoing maintenance of an older home is always prudent.
4. How does the lot size impact potential for expansion or gardening?
At 4,802 sq. ft., the lot is standard for the area. It provides good backyard space for gardening or recreation but may have limitations for major additions like a large rear extension or a detached garage, depending on zoning bylaws and setback requirements.
5. Where can I get verified historical sales data for this property?
The site notes that due to industry rules, exact MLS sales history is not displayed publicly. They offer a manual lookup service where you can request the exact sold price history via email, which they will provide without using your contact information for marketing.