Property Overview: 147 Genthon Street, Winnipeg
Key Characteristics & Appeal
This 790 sqft home on a 4,315 sqft lot in Norwood East presents a compelling mix of modest size and above-average positioning within its immediate context. Built in 1941, it is notably newer than most homes on its street. Its assessed value of $304k ranks above the street average, suggesting it is a well-regarded property in the local lineup. The lot size is also generous for the street, offering more outdoor space than many neighbors.
The appeal lies in its efficiency and strong street-level standing. It’s a property that punches above its weight on its own block, offering a newer vintage and larger lot than typical for Genthon Street. This makes it an intelligent entry point into a mature neighborhood. It would suit first-time buyers, downsizers, or pragmatic investors seeking a manageable property with inherent value in its specific location, rather than sheer size. A thoughtful perspective is that this home offers the benefits of an established area without the premium often attached to larger, renovated character homes, allowing for personalization over time.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
At 790 sqft, the home is slightly below the street average (952 sqft) and more compact than the neighborhood and city averages. It is a functionally sized, efficient footprint.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($304k) is a municipal valuation for tax purposes. The most recent sold price data for the area suggests a range of $350k-$400k, which is a more direct market indicator. Exact historical sold prices can be requested from the site.
3. What does the "newer" 1941 build year mean for a buyer?
While still an older home, being built in 1941 means it is significantly newer than the 1929 average for the street. This could potentially mean updates to original systems or construction methods compared to immediate neighbors, but a thorough inspection is always recommended.
4. How does the lot size impact the property's value?
The lot is over 4,300 sqft, which is larger than the street average. This is a key asset, providing valuable outdoor space, potential for gardening, or future expansion where bylaws allow, in a neighborhood where lots are typically smaller.
5. Where can I verify the exact historical sold price data?
Due to industry regulations, exact MLS sold prices are not displayed on this site. The provided sold price ranges are based on public data. You can request the exact transaction history and figures via email from the site provider for verified information.