Property Overview: 426 Minnigaffe Street, Winnipeg
Key Characteristics & Appeal
This is a compact, early 20th-century home in Winnipeg's Robertson neighborhood, built in 1914. With 967 square feet of living space, it is notably larger than many other homes on its own street but sits below the citywide average, offering a cozy, manageable footprint. The assessed value of $216k is relatively modest, positioning it well below both neighborhood and city averages, which suggests a potentially accessible entry point into the market.
The primary appeal lies in its value proposition and location within a established community. For a buyer, it represents an opportunity to own a character home that is actually above-average in size for its immediate block, without the premium price tag of a larger or newer property. It would suit a first-time buyer, an investor, or someone looking to downsize who prioritizes practicality and location over modern size standards. A thoughtful perspective is that this home, while older and on a smaller lot, offers a sense of established stability on a street where it holds its own in terms of living space. Its lower assessed value relative to the area could also indicate room for value growth through updates, appealing to those with a vision for gradual improvement.
Frequently Asked Questions
1. How does this home's size compare to others nearby?
At 967 sqft, this home is larger than the average house on Minnigaffe Street (859 sqft), making it a relatively spacious option in its immediate vicinity, though smaller than the Winnipeg average.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $216k is a municipal tax valuation. Market price is determined by current conditions. Given that this assessment is below the neighborhood average, it may indicate a competitive starting point, but a professional appraisal or market analysis is recommended.
3. The home was built in 1914. What should I consider?
As one of the older homes on the street, potential buyers should budget for a thorough inspection. Older homes can have charm and solid construction but may require updates to wiring, plumbing, or insulation to meet modern standards and efficiency.
4. How does the lot size impact the property?
The lot is 2,998 sqft, which is smaller than most in the area. This means lower maintenance but also less private outdoor space. It's a practical fit for those who want a yard without extensive upkeep.
5. Where can I find verified past sale prices for this home?
The site provides estimated sold price ranges. For fully verified transaction history and exact figures, you must request a manual lookup via email, as this data is not sourced from the MLS.