Property Overview: 305 Campbell Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This is a character home built in 1929, offering a classic footprint on a standard-sized lot in the established North River Heights neighborhood. Its key characteristic is a modest living space of 992 sq ft, which is notably compact compared to many area homes. This creates a distinct profile: a property with a city-average assessed value, but contained within a smaller-than-average floor plan. The appeal lies in this efficiency. It represents a more accessible entry point into a desirable neighborhood, potentially suiting buyers who prioritize location and lot over sheer interior size. It’s a practical option for a first-time buyer, a downsizer, or an investor seeking a character rental. A thoughtful perspective is that the smaller interior may translate to lower utility and maintenance costs, and the 1929 vintage suggests potential for charming original details, though it also implies a need for diligent upkeep. The lot size is consistent with the area, offering typical outdoor space for the community.
Frequently Asked Questions
1. Is the assessed value in line with the home's size?
Yes, and this is an important nuance. The home’s assessed value is around the average for the city and street, but its living area is below average. This typically indicates that the value is supported by other factors, such as its lot, the North River Heights location, or the character of the home itself.
2. What should I consider with a home from 1929?
While offering charm, a home of this age requires attention to aging components. A thorough inspection is essential to understand the condition of major systems like plumbing, electrical, and the foundation, as well as the roof and windows. Budgeting for ongoing maintenance is a must.
3. How does the last sale price compare?
Records show it sold between $350,000-$400,000 in May 2019. The current assessed value of $410k suggests a moderate increase in line with market trends over that period. For precise, verified sale figures, you can request a manual lookup via the website.
4. Who might this home not suit?
It may not suit buyers looking for ample or modern open-concept living space, as the square footage is limited and the layout is likely traditional. Families needing multiple large bedrooms or extensive common areas might find it cramped.
5. What is the context of the neighboring properties?
Immediate neighbors on Campbell Street are of similar vintage (1929), with varying sizes and values. This indicates a stable, established streetscape. Nearby, you also find newer, larger, and higher-value homes, highlighting the diversity of housing stock within North River Heights.