Property Overview: 149 Youville Street, Norwood East
Key Characteristics & Appeal
This home at 149 Youville Street is a classic Winnipeg character property, built in 1910, situated on a generous 5,539 sqft lot in Norwood East. With 1,228 sqft of living space and a current assessed value of $350,000, it presents a solid, middle-of-the-road offering in terms of size and official valuation for the street. Its true standout feature is the lot size, which is above average for the Norwood East neighbourhood, offering valuable outdoor space and potential.
The appeal here is nuanced. It’s not the newest or largest home on the block, but it holds its own with a desirable land footprint in an established community. The data suggests it represents a stable, known quantity—its assessed value is notably above the area average, which can indicate perceived stability or desirability within the immediate locale. This property would suit a buyer who appreciates the charm and larger lot sizes of older neighbourhoods and is potentially looking for a home with a solid foundation where value is derived more from location and land than from modern finishes or square footage. It’s a practical choice for someone ready to live in a character home as-is or to steward its evolution over time.
Frequently Asked Questions
1. How does the age of the home (1910) impact this purchase?
While the 1910 build date places it among the older homes in the city, it is typical for the Norwood East area. Buyers should budget for and expect the maintenance needs common to century-old houses, such as potential updates to plumbing, electrical, or insulation, but also gain the character and established neighbourhood feel that comes with it.
2. The assessed value is above the neighbourhood average. What does that mean?
An assessed value above the local average ($350k vs. $329.4k) often reflects the specific lot size, location, and characteristics as valued by the municipal assessor. It doesn't directly set market price, but can indicate the property is considered a stronger asset within its immediate area compared to nearby peers.
3. What is the significance of the lot size being "above average" for the area?
The 5,539 sqft lot is larger than many in Norwood East. This is a key advantage, providing more private outdoor space, room for gardening, play, or future additions like a garage or deck, which can be rare in mature neighbourhoods.
4. Can I see the exact historical sold price instead of the range?
The provided data shows the home sold between $250,000-$300,000 in late 2016. For fully verified and exact historical sale figures, you must request a manual lookup by email via the website, as this service does not include MLS sales records.
5. How does this home compare to its direct neighbours on Youville Street?
The home is very typical for its street in terms of living area, assessed value, and lot size. Its age is notably greater than the street average, meaning most immediate neighbours' houses are significantly newer. This offers classic charm but warrants a thorough inspection to understand its condition relative to others on the block.