Property Overview: 192 Champlain Street, Norwood East, Winnipeg
Key Characteristics & Appeal
This home presents a distinct profile defined by its generous lot size and historic roots. Built in 1912, it is one of the oldest homes on its street, offering classic character but also implying a need for careful maintenance and potential updates. Its primary appeal lies in its space: with 1,361 sqft of living area, it is notably larger than many comparable homes in both Norwood East and on Champlain Street itself. More significantly, the land area of nearly 6,000 sqft is well above average for the local area, providing substantial outdoor space that is increasingly rare in mature neighbourhoods.
The assessed value sits slightly below the street average but is competitive for the broader area, suggesting the property may offer relative value, especially when considering the lot size. A thoughtful perspective is that this home represents a balance—it’s not the newest or most modern, but it trades those qualities for established charm, interior space, and a larger-than-average yard in a central location.
This property would best suit a buyer who values space over newness—perhaps a household looking for room to garden, play, or expand outdoors. It’s a fit for those comfortable with the realities and rewards of an older home, or for a buyer who sees the lot itself as a long-term asset. It may also appeal to someone looking for a foothold in Norwood East with the potential to add value over time.
Frequently Asked Questions
1. What does the assessed value tell us about the listing price?
The assessed value of $318k is a municipal valuation for tax purposes, not a market price. It is below the average for Champlain Street but aligns closely with the Norwood East average. Market conditions, property condition, and updates since assessment will ultimately determine the listing and sale price.
2. As a 1912 home, what should I be prepared for?
While offering character, a home of this age will likely have older infrastructure. Prospective buyers should budget for thorough inspections focusing on the foundation, plumbing, electrical systems, and roof. Energy efficiency may also differ from newer builds.
3. How significant is the lot size?
At 5,999 sqft, the lot is a standout feature, ranking in the top 15% for Norwood East. This provides rare potential for gardening, recreation, or future additions like a garage, deck, or shed, which can be a major advantage in an inner-city neighbourhood.
4. What is the neighbourhood context of Norwood East?
Norwood East is a mature, established neighbourhood near the Red River. It typically offers a mix of historic and mid-century homes, with convenient access to downtown, parks, and local amenities. The property’s metrics suggest it is a spatially generous home within that context.
5. Where can I find verified past sale prices for this home?
The site notes that exact sold price history is not displayed publicly due to industry data rules. You can request the full transaction history and exact figures via email from the site provider for a manual lookup. The data shown indicates a sale occurred in June 2019 within the $250k-$300k range.