Property Overview: 239 Elm Street, Winnipeg
Key Characteristics & Appeal
This home at 239 Elm Street in North River Heights presents a compelling mix of classic charm and above-average space. Its primary appeal lies in its generous 2,309 sqft of living area, which ranks within the top 9% of homes in the neighbourhood and the top 5% city-wide. This significant interior space is housed within a character-rich property built in 1913, offering a historic pedigree that is increasingly rare. With an assessed value of $639,000, it sits comfortably above average for its street, area, and the wider city, indicating a solid perceived value.
The property suits buyers looking for a home with ample room and classic architecture in a well-established neighbourhood, without requiring an ultra-modern build. It’s ideal for those who value space over a newer construction date and appreciate a home with a story. A thoughtful perspective is that while the lot size is average for the area, the impressive living area suggests the home makes very efficient use of its footprint. The recent sale in mid-2024, within the $850k-$900k range, confirms strong market demand and positions it as a premium property in its category.
Frequently Asked Questions
1. How does the home’s age impact its value and appeal?
Built in 1913, the home is notably older than most in Winnipeg. This is a key factor for buyers who cherish classic character and architectural details. However, it also implies that the condition of major systems (plumbing, electrical, roof) and potential need for updates should be carefully evaluated.
2. The living area is well above average, but the lot size is average. What does this mean?
This typically indicates a home that has been thoughtfully expanded over time or was originally built with a substantial footprint relative to its land. It’s efficient for living but may mean more modest outdoor space compared to some properties.
3. The assessed value is $639k, but it sold for significantly more. Why the difference?
Municipal assessed values are for taxation purposes and often lag behind the current market. The recent sale price reflects what buyers were actually willing to pay in the competitive 2024 market, which was substantially above the government assessment.
4. What do the "top percentile" rankings actually tell me?
They provide context. For example, ranking in the "top 9%" for living area in North River Heights means this home is larger than 91% of other homes in the area. It’s a quick way to see how this property stands out (or blends in) on specific metrics compared to its peers.
5. How can I get the exact sale price and history?
The exact sale price and full transaction history are not publicly displayed here due to industry data rules. You can request the exact figures by emailing the site directly; they will provide a manual lookup and send you the verified details.