Property Overview: 402 Tinniswood Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling value proposition centered on its land. Built in 1955, the 974 sqft house is functionally sized and typical for its Robertson neighborhood and street. Its assessed value of $280k is also in line with local averages. The standout feature is the exceptionally large lot of approximately 9,845 sqft, which ranks in the top 1% of the neighborhood and top 4% on its street. This offers rare potential for expansion, gardening, or outdoor living in a city setting.
The appeal lies in securing a property with below-average city pricing while owning a land parcel that is significantly above average. It suits practical buyers looking for a solid starter home or long-term hold in a stable area, with the valuable option to potentially enlarge the home or customize the outdoor space later. It’s also a sensible choice for those who prefer a manageable-sized house without a hefty maintenance burden but still want room to breathe and grow outdoors—a less obvious advantage in an older neighborhood.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to others?
The living area is about average for Tinniswood Street and the Robertson neighborhood, but below the Winnipeg citywide average. It’s a comfortable size for a smaller household or first-time buyer.
2. Why is the lot size so significant?
At nearly 10,000 sqft, the lot is more than double the average for the street and neighborhood. This is a rare find and represents the property’s greatest asset, offering privacy and future potential that most nearby homes cannot match.
3. What is the property’s value context?
Its assessed value is very typical for Robertson and Tinniswood Street, but is notably below the Winnipeg city average. This suggests you are paying primarily for the neighborhood and the land, rather than for a large or recently renovated house.
4. What do the past sale prices indicate?
Public data shows it last sold between 2016 and 2025 for an estimated $150k-$200k, a price that ranked very high (80th-90th percentile) compared to other sales at the time. This indicates strong historical value appreciation.
5. How can I get exact historical sale figures?
Due to industry rules, exact MLS sale prices are not published on the site. You can request the full transaction history and exact figures via email from the site provider, who will manually look up the verified data.