Property Overview: 60 St Michael Road, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct value proposition centered on its generous 8,304 sqft lot, which is significantly larger than most properties in the Pulberry neighborhood and across Winnipeg. The appeal lies in this substantial outdoor space, offering potential for gardening, expansion, or simply more privacy—a feature increasingly rare in urban settings. Built in 1937, the 741 sqft house is notably smaller and older than area averages, suggesting it is a classic, character home that may require updates. Its assessed value of $279k is well below local averages, indicating a lower entry point into the neighborhood.
This property would best suit a pragmatic buyer who prioritizes land over living space. It’s ideal for a first-time homeowner comfortable with a cozy footprint, a renovator looking for a project with a great yard, or an investor seeing value in the land itself. The data suggests you are buying the location and the lot, with the existing house offering functional shelter. A thoughtful perspective is that this home outperforms most of the city for lot size while ranking in the bottom quartile for living area—a clear trade-off that defines its unique market position.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than neighboring homes?
The assessed value reflects the property’s older age (1937) and its below-average living area compared to others on the street and in Pulberry. Value is heavily influenced by the size and condition of the dwelling itself, not just the land.
2. What does the lot size ranking actually mean for me?
The lot is in the top 10% city-wide for size. In practical terms, this means more outdoor space than typical Winnipeg homes and potential for additions, a large garden, or future development, subject to zoning.
3. The home last sold in 2017. How can I find out the exact sale price?
The site provides sold price ranges for non-members. To receive the exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.
4. Is the smaller living area a major drawback?
It depends on your needs. The home offers efficiency and lower utility costs but requires creative use of space. It’s substantially smaller than most area homes, so consider if the layout works for your lifestyle, balanced against the benefits of the large lot.
5. How does this home compare to the properties listed as "for reference"?
The reference homes show that nearby properties are generally newer, larger, and have higher assessed values. 60 St Michael Road is an outlier in terms of its vintage, compact size, and lower assessment, but it holds its own with a larger-than-average parcel of land.