Property Overview
153 Youville Street is a well-maintained home built in 1913, offering 1,376 square feet of living space on a 4,154 square foot lot in Winnipeg's Norwood East neighbourhood. With an assessed value of $372,000, it presents a compelling blend of established character and practical size.
Key Characteristics & Appeal
This home’s primary appeal lies in its efficient use of space and its strong standing within its immediate area. While it’s an older home, its living area is notably above average for both Youville Street and the broader Norwood East neighbourhood. This suggests a home that has been thoughtfully maintained or updated over time, offering more interior space than many of its local peers. The assessed value is also consistently above average for the street and area, indicating it is perceived as a solid asset within its community context.
The property would suit a buyer who values an established neighbourhood with mature streetscapes and is looking for a home with more interior room than is typical for the area, without requiring an excessively large lot to maintain. It’s a practical choice for someone who appreciates character but may prioritize interior space over a newer build date or a vast yard. A less obvious perspective is that its "above-average" metrics in a sought-after area like Norwood East could offer a relative sense of stability and desirability, potentially insulating it from market dips more than a property ranking below average in its immediate vicinity.
Frequently Asked Questions
1. How does the age of the home (1913) affect its value and potential needs?
While older than most homes on the street and in the city, the home’s assessed and recent sold values remain strong for the area. This suggests systems and structure have been adequately maintained. Buyers should still budget for and investigate updates to major aging components like plumbing, electrical, or the foundation.
2. Is the lot size a disadvantage?
At 4,154 sq. ft., the lot is smaller than average for the street but typical for central neighbourhoods like Norwood East. It offers a manageable yard with less maintenance, which can be an advantage for many, though it may not suit those seeking extensive outdoor space for gardening or expansion.
3. What do the "above average" rankings for living area and value actually mean?
It means that compared to most similar homes directly on Youville Street and in Norwood East, this home offers more interior space and carries a higher assessed value. This often points to good condition, desirable updates, or a premium layout within the local market.
4. How has the property's value changed over time?
Based on available sold price ranges, the home has appreciated through its last three sales (2017, 2021, 2024), with each sale price ranking in a higher percentile tier locally and city-wide, indicating consistent growth in market value.
5. Where can I get verified historical sale prices for this home?
The exact sold prices are not publicly displayed on this site due to data source rules. You can request the full transaction history and exact figures by emailing the provided contact; they will manually look up the information from verified records and send it to you.