Property Overview: 301 Niagara Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 301 Niagara Street in North River Heights is a classic 1925-built character property, presenting a specific and compelling value proposition. Its key appeal lies in its position as a more modestly sized home on a standard city lot within a well-regarded, established neighborhood. With 1,104 sqft of living space, it is notably cozier than many homes on its own street and in North River Heights, but sits closer to the Winnipeg-wide average. This creates an opportunity for buyers seeking the neighborhood's amenities and charm without the upkeep of a larger house.
The assessed value of $420K is fairly typical for the immediate area but is positioned above the city-wide average, reflecting the desirability of the location. The lot size of 4,307 sqft is standard for the area, offering adequate outdoor space. A thoughtful perspective is that this property represents an efficient entry point into a mature neighborhood. It may suit downsizers looking to stay in the area, first-time buyers prioritizing location over square footage, or investors interested in a character home with rental potential in a stable community. Its last known sale was between $300K-$350K in August 2020.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,104 sqft, the living area is below the average for both Niagara Street and the broader North River Heights neighborhood. It is, however, closer to the average home size across the entire city of Winnipeg.
2. Is the assessed value of $420K typical for the area?
Yes. The assessment is around the average for both Niagara Street and North River Heights. It is considered above average compared to the typical assessed value for homes across Winnipeg.
3. What does the "Top X%" ranking mean for each metric?
These rankings show how this property compares to a group of "comparable homes." For example, "Top 83%" for Living Area on its street means its square footage is greater than only 17% of peers; it is in the bottom 17% for size on that specific street.
4. Can I see the exact historical sale price instead of the range?
The site provides sold price ranges for non-registered users. To receive the exact sale price and full transaction history via email, you must request a manual lookup through the provided form on the property page.
5. How does the age of the home factor in?
Built in 1925, this home is older than most on its street, in the neighborhood, and across Winnipeg. This typically indicates classic construction and character but also suggests potential for older infrastructure. Prospective buyers should prioritize a thorough inspection.