Property Overview: 79 Gauvin Street, Norwood West, Winnipeg
Key Characteristics & Appeal
This is a compact, post-war home built in 1945, offering a practical entry point into the established Norwood West neighborhood. With 856 square feet of living space on a 4,775 sqft lot, its key characteristic is its modest scale, which is notably smaller than most homes on its street and in the area. Its assessed value of $332,000 sits below local averages but aligns more closely with the wider Winnipeg market, suggesting it is priced for its size and location rather than its sizeable features.
The appeal lies in its efficiency and opportunity. It suits first-time buyers, downsizers, or investors seeking a lower-cost foothold in a mature neighborhood without the upkeep of a larger property. The below-average price for the street and area could allow for budget to personalize or update. A thoughtful perspective is that a smaller home on a decent-sized lot presents a clearer canvas for future expansion or landscaping than a larger house on a cramped lot, offering potential that isn't immediately apparent in the square footage figures.
Frequently Asked Questions
1. Is the price fair for a home of this size?
The data suggests it is competitively positioned. While its living area is below average for its street and neighborhood, its assessed and recent sold price are also correspondingly lower than area averages, reflecting its scale.
2. What type of buyer would this home suit best?
It is ideally suited for buyers prioritizing location and affordability over space, such as first-time homeowners, empty-nesters looking to downsize, or investors considering a rental property in a stable area.
3. How does the lot size compare, and does it offer potential?
The lot is smaller than others on Gauvin Street but is near the citywide average. For a home of this size, the lot provides ample outdoor space and presents a tangible opportunity for adding a deck, garden, or even a future addition where bylaws allow.
4. The home is older. What should I consider?
Built in 1945, it is around the average age for Norwood West. Buyers should budget for expected maintenance and updates common to houses of this era, such as older windows, plumbing, or electrical systems. A thorough inspection is essential.
5. How can I get the exact historical sold price for this property?
The exact sold price is not publicly displayed on this site. You can request the full transaction history and exact figures via email through the provided "Request exact figures by email" option, which entails a manual lookup by the site team.