Property Overview: 385 Cairnsmore Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 385 Cairnsmore Street is a classic 1929-built character property in the Robertson neighbourhood. With 712 square feet of living space on a 3,000 sqft lot, it presents a compact and manageable footprint. Its assessed value of $218k is very typical for its immediate street, aligning with the Cairnsmore Street average.
The primary appeal lies in its position as an affordable entry point into the Winnipeg market, particularly for those who value character homes. It suits first-time buyers, downsizers, or investors looking for a straightforward, lower-maintenance property without the scale or price of a larger modern home. A thoughtful perspective is that while its size is below neighbourhood and city averages, this can translate to lower utility costs, property taxes, and upkeep effort—a practical advantage for budget-conscious owners. The home’s vintage suggests potential for charm and original details, but also implies that a buyer’s comfort level with the maintenance needs of a nearly century-old house is essential.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 712 sqft, the living area is slightly below the average for Cairnsmore Street (844 sqft) and more notably below the wider Robertson neighbourhood average (977 sqft). It is a compact, efficiently sized home.
2. Is the assessed value a good indicator of the market price?
The assessed value ($218k) is a municipal valuation for tax purposes, not a market appraisal. It serves as a useful benchmark, showing the home is priced in line with others on its street. Market price is determined by current conditions, the home’s state, and buyer demand.
3. What does the sold history tell us?
Previous sales (2016 and 2020) fall within the $150k-$250k range, showing a history of steady, affordable value in this area. For exact historical sold prices, a manual lookup via the site’s email request is needed.
4. Who might this property not suit?
It may not suit buyers seeking ample indoor space, a very large yard, or a newer home without potential renovation needs. The below-average lot size and living area relative to the broader city mean space is at a premium.
5. Are there comparable properties nearby?
Yes, the listing shows several nearby homes on Cairnsmore and surrounding streets with similar vintage, size, and assessed values, confirming this is a consistent property type for the immediate area. For example, 389 Cairnsmore is slightly smaller at 600 sqft, while 422 Cairnsmore is larger at 892 sqft.