Property Summary: 104 Champlain Street, Winnipeg
Key Characteristics & Appeal
This home at 104 Champlain Street in Norwood East presents a solid, mid-century property with a clear value proposition. Built in 1953, it is notably newer than many homes on its street and in the immediate area, which may suggest updated infrastructure or construction methods compared to its neighbours. With 1,058 sqft of living space, the house is functionally sized, sitting close to the average for both the street and the neighbourhood—ideal for a smaller household or first-time buyers.
The property’s primary appeal lies in its strong assessed value of $375,000, which ranks well above average for both Champlain Street and Norwood East. This indicates that the municipal assessment sees inherent value here, potentially due to the lot, location, or the home's condition relative to others. The lot size of 4,857 sqft is typical for the area, offering adequate outdoor space without excessive maintenance.
This home would suit practical buyers looking for a established neighbourhood character without the unknowns of a much older build. It’s a fit for someone who values a home that stands out positively on its street in terms of age and assessed value, but who doesn’t require a large or expansive floor plan. The historical sale data shows steady price appreciation, suggesting a stable investment in a mature community.
Frequently Asked Questions
1. How does the 1953 build year affect this home?
Being built in 1953 makes this home newer than most on its block. This can be an advantage, potentially meaning fewer issues with very old plumbing, electrical, or foundations common in pre-war homes, though a thorough inspection is still essential.
2. The assessed value is high for the street. What does that mean?
A higher assessed value compared to neighbours often reflects factors like lot value, overall condition, improvements, or a favourable location within the area. It can be a positive sign, but it's important to understand that municipal assessment is for taxation and isn't a direct market appraisal.
3. Is the living space sufficient for a family?
At just over 1,000 sqft, the living area is modest. It would comfortably suit a couple, a small family, or a first-time homebuyer. Those needing multiple large bedrooms or dedicated home-office spaces may find it compact.
4. What can the past sale prices tell me?
The home has sold several times, with each recorded sale price range higher than the last (2016, 2020, 2021). This trend indicates historical value growth in the area, but past performance does not guarantee future results.
5. How do I find out the exact past sale prices?
The website provides sold price ranges for general research. To obtain the exact sale figures and a verified transaction history, you must request that information directly from the site's team via email, as they do not publish MLS data.