Property Overview: 397 Cairnsmore Street, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, character home built in 1934, situated on a standard-sized lot in the Robertson neighbourhood. Its key defining feature is its modest 572 sqft living area, which is notably smaller than most homes on its street, in Robertson, and across Winnipeg. This results in a correspondingly lower assessed value of $193k, which is well below city and neighbourhood averages but is more in line with other homes on Cairnsmore Street.
The primary appeal lies in its affordability and entry-point positioning in the market. It represents a genuine opportunity for first-time homebuyers or investors seeking a lower-cost foothold in Winnipeg. The price point is accessible, and the home’s age suggests a potential for classic architectural details. It would suit a buyer comfortable with a smaller, efficient footprint—perhaps a solo occupant, a couple without children, or an investor looking for a manageable rental property. A thoughtful perspective is that its below-average size and value on a street of similar homes means it’s not an outlier in its immediate surroundings, offering a sense of consistency rather than standing out as unusually small.
Section 2: Frequently Asked Questions
1. How does the home’s size truly compare?
At 572 sqft, the living area is significantly smaller than averages for the street (844 sqft), neighbourhood (977 sqft), and city (1,342 sqft). It is among the smallest homes on Cairnsmore Street.
2. Is the assessed value a good indicator of market price?
The assessed value of $193k is below area averages, reflecting the home’s smaller size. Recent sold price data for the area (showing a range of $150k-$200k for this property in 2019) suggests it sits in a more affordable tier, but current market conditions should be verified.
3. What is the lot size, and is it typical?
The lot is 3,000 sqft. This is slightly below the street average but is a fairly standard city lot, offering outdoor space that is proportional to the home’s footprint.
4. How old is the home, and what might that mean?
Built in 1934, it is older than the average Winnipeg home. This can mean character and established neighbourhood roots, but buyers should be prepared for potential maintenance or updates associated with an older structure.
5. Where can I find exact historical sold prices?
The website provides sold price ranges for context. Due to data source rules, exact sold figures are not displayed publicly but can be requested directly from the site via email for verified details.