Property Overview: 151 Genthon Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This 680 sqft home, built in 1941, presents a compact and efficient living space on a well-sized 3,925 sqft lot in the established Norwood East neighborhood. Its primary appeal lies in its position as a relatively affordable entry point into a mature, central Winnipeg community. The assessed value of $251k sits below the averages for the street, neighborhood, and city, suggesting a lower property tax burden and an accessible price point.
The home suits first-time buyers, downsizers, or investors seeking a straightforward property with renovation potential. Its lot size is notably above average for Genthon Street, offering valuable outdoor space uncommon for the area. A thoughtful perspective is that while the living area is compact, the property’s value is anchored in its land and location rather than its interior square footage. It represents a "blank canvas" opportunity in a neighborhood of mostly older, larger homes, ideal for someone prioritizing location and lot over move-in-ready size.
Frequently Asked Questions
1. How does the home's size compare to others?
At 680 sqft, the living area is below the average for Genthon Street (952 sqft), Norwood East (1,162 sqft), and Winnipeg overall (1,342 sqft). This indicates a compact, efficient layout.
2. Is the assessed value typical for the area?
No, the $251k assessment is below the local averages. The average assessed value on Genthon Street is about $287.8k, and in Norwood East it's approximately $329.4k.
3. What is notable about the lot?
The 3,925 sqft lot is larger than the street average (3,592 sqft), providing more outdoor space than many immediate neighbors. This is a key asset of the property.
4. When was it last sold and for roughly how much?
Records indicate a sale between June 2016, with a sold price in the range of CA$200,000–$250,000.
5. How can I verify the exact historical sale prices?
The site provides sold price ranges based on public data. For fully verified figures and exact transaction history, you must request a manual lookup by email, as this information is not sourced from the MLS.