Property Overview: 246 Eugenie Street, Winnipeg
Key Characteristics & Appeal
This home at 246 Eugenie Street in Norwood East is a classic, early-1900s character property that presents a practical and straightforward opportunity. Built in 1912, its 1,176 sqft living space is comfortably within the average range for the immediate area and the wider city, suggesting a functional layout for a smaller household or first-time buyer. The assessed value of $323K is also consistently around the average for its neighbourhood and street, indicating a fairly priced entry point into a mature community.
The appeal here is rooted in value and location rather than expansive size. The lot, at just over 3,000 sqft, is notably smaller than most in Norwood East and across Winnipeg. This could be a drawback for those wanting extensive outdoor space, but it translates to lower maintenance—a potential benefit for busy professionals or those looking to downsize. The home’s age places it among the older properties city-wide, which often brings charm but also suggests that a buyer’s inspection and potential updates should be priorities. Its two most recent sales (2017 and 2020) show steady value appreciation, reflecting the enduring demand for well-located, older homes.
This property would best suit a pragmatic first-time buyer, an investor looking for a character rental, or a downsizer seeking a lower-maintenance lot in an established neighbourhood. It’s for someone who values location and character over square footage and who is prepared for the realities and rewards of a century-old home.
Frequently Asked Questions
1. Is the smaller lot size a major disadvantage?
While the lot is smaller than most in the area, it reduces yard maintenance and can lower property tax assessments relative to larger plots. It may be ideal for those who prefer a low-maintenance outdoor space.
2. What should I consider with a home built in 1912?
Expect character features but also prioritize a thorough inspection for foundational integrity, wiring, plumbing, and insulation. Budgeting for updates to improve energy efficiency is a common consideration for homes of this era.
3. How does the assessed value relate to the likely selling price?
The assessed value ($323K) is for municipal tax purposes. While it provides a benchmark, the selling price is determined by the market. Recent sale history on the street suggests steady growth, but a current market evaluation is essential.
4. The data shows past sales in price ranges. How can I get the exact figures?
The site provides sold price ranges publicly. To obtain the exact historical sale prices for this property, you must request them directly via email from the service, as they manually verify this data outside of the MLS system.
5. How does this home compare to others in Norwood East?
Its living area and value are very typical for Norwood East. Its key differentiators are its older age (114 years) and its compact lot size, which are less common in the broader neighbourhood context.