Property Overview & Key Characteristics
This 1912 one-and-three-quarter storey home in Norwood East offers a blend of historic charm and practical updates. Its key appeal lies in its generous proportions and established location. With a living area of 1,631 sq ft, it is notably larger than many homes on its street and in the wider neighbourhood, ranking in the top 20% locally. The property sits on a 5,015 sq ft lot and includes a renovated basement and a detached garage.
The home’s character is balanced by modern functionality. While its age places it among the older 8% of homes in Winnipeg, this also contributes to its potential charm and established streetscape. The assessed value has risen significantly since its last sale in May 2023, suggesting a positive trajectory. This property would suit a buyer looking for a spacious, character home in a mature neighbourhood, who values room to grow over a brand-new build. It’s ideal for someone comfortable with the ongoing care an older home requires but who appreciates the solid foundation of a renovated basement and the privacy of a detached garage.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean?
This is a classic architectural style where the second floor has slightly less full-height ceiling space than the main floor, often featuring cozy bedrooms with sloped ceilings or dormer windows, adding to the home's character.
2. How does the recent sale price compare to the current assessed value?
The home sold for $30.5k in May 2023 and now has an assessed value of $37.4k. This increase indicates a rising market valuation, but the final sale price is always determined between a buyer and seller.
3. Is the lot size typical for the area?
At 5,015 sq ft, the lot is above average for Kitson Street, ranking in the top third. This provides more outdoor space than many neighbouring properties.
4. The home is over 110 years old. What should I consider?
While the basement has been renovated, an older home requires attention to its aging components like the roof, plumbing, and electrical systems. A thorough inspection is essential to understand the balance between historic charm and necessary maintenance.
5. How does this home compare to others nearby?
It offers more living space than most comparable homes in Norwood East, as seen in the reference listings. For instance, a nearby 1912 home on Des Meurons Street has less than half the square footage. This suggests you are paying for significantly more interior space.