Property Overview: 129 Genthon Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 129 Genthon Street in Norwood East presents a practical and value-conscious opportunity. Built in 1941, it is a notably newer construction compared to many of its immediate neighbours, potentially suggesting fewer concerns with the very oldest building systems. The 718 sqft living area is compact, placing it below the average for both the neighbourhood and the city, which points to a efficient, low-maintenance footprint. Its assessed value of $288,000 is very close to the average for its street but sits below the wider city average, indicating a relatively affordable entry point into the market.
The appeal lies in its balance and potential. The lot size of 4,116 sqft is generous for the street, offering valuable outdoor space that is uncommon for homes of this vintage in the area. This combination—a newer (for its context) home on a larger lot—hints at a property that has already seen some renewal while offering room for future outdoor enjoyment or expansion. It would suit first-time buyers, downsizers, or pragmatic investors seeking a character-home location without the highest price tag or the largest interior to maintain. Its recent sale history shows steady appreciation, reflecting its stable position in a mature neighbourhood.
Section 2: Frequently Asked Questions
1. Is the house unusually small?
While the living area is below the Winnipeg average, it is closer to the norm for Genthon Street itself. This is typical of many well-built, post-war homes and may appeal to those seeking efficient living without excess space to heat or maintain.
2. How does the assessed value relate to likely market price?
The assessed value is a municipal tool for calculating property tax, not a direct market appraisal. However, its alignment with recent sold prices on the street suggests it is a reliable indicator of the home’s general value bracket in this location.
3. What does it mean that the home is "newer" than others on the street?
Built in 1941, this home is younger than many on its block, where the average build year is 1929. This could imply updates to foundational materials or systems over time, but a thorough inspection is still essential to understand the current condition of the roof, wiring, and plumbing.
4. How does the lot size benefit a buyer?
The land area is above average for the street. This provides more private outdoor space than neighbouring properties and could allow for gardening, entertaining, or future additions like a shed or deck, subject to local bylaws.
5. Where can I get verified historical sale data?
The provided sold price ranges are based on public data. For exact, verified sale figures and a complete transaction history, you must request a manual lookup from the site via email, as this information is not sourced from the MLS system displayed here.