467 Galloway Street

Property Summary: 467 Galloway Street, Winnipeg

Key Characteristics & Appeal

This 616 sqft home, built in 1944, presents a compact and efficient living space on a standard 3,001 sqft lot in Robertson. Its primary appeal lies in its value proposition and relative position within its immediate locale. While the living area is notably below average for the city, the property stands out on its own street: it has an above-average assessed value ($250k), a newer build year, and a full-sized lot compared to its closest neighbors. This suggests a well-maintained or updated home in the context of its direct surroundings.

The property would suit first-time buyers, downsizers, or investors seeking an affordable entry into the Winnipeg market with a home that holds its own on the block. It’s for those who prioritize practicality and location over square footage, and who see potential in a smaller, manageable footprint. A thoughtful perspective is that this home may offer a lower utility and maintenance burden due to its size, which can be a significant long-term advantage. Its strong street-level rankings indicate it is likely one of the more desirable properties on Galloway Street itself.

Frequently Asked Questions

1. Is the living area too small?
At 616 sqft, the home is significantly smaller than the Winnipeg average. It requires efficient use of space and would not suit those needing multiple bedrooms or extensive storage. However, its layout and updates (not detailed in the data) would be key factors in its livability.

2. How does the assessed value compare?
The $250k assessment is above average for Galloway Street but around the median for the wider Robertson neighborhood. This indicates the property is valued more highly than many on its block, possibly due to condition or updates, while being priced typically for the area.

3. What is the significance of the lot size?
The 3,001 sqft lot is typical for the street but below average for the neighborhood and city. It provides standard outdoor space for a home of this era but may not allow for major expansions.

4. What can past sale prices tell me?
Records show it last sold between $150k-$200k around June 2020. This historical data suggests potential for appreciation, but for verified, exact sale figures and a full history, you must request a manual lookup from the site.

5. How does the 1944 build year affect the home?
Being built in 1944 makes it newer than many on its street but older than the area and city averages. Buyers should anticipate the potential for updates to older mechanical systems (like plumbing or wiring) common to homes of this period, while also benefiting from the character and established construction of a mid-century house.