Property Overview: 468 Airlies Street, Winnipeg
Key Characteristics & Appeal
This is a compact, post-war home in Winnipeg's Robertson neighborhood, built in 1947. With 700 square feet of living space on a 4,001 sqft lot, it sits below average in size for its street, area, and the wider city. Its assessed value of $234k is also notably below local averages, reflecting its modest scale and era.
The primary appeal lies in its position as an accessible entry point into the Winnipeg market. It represents a lower-than-average financial barrier for a single-family home, potentially offering lower property taxes and utility costs due to its size. It would suit first-time buyers, investors seeking a rental property, or downsizers looking for minimal upkeep. A thoughtful perspective is that its smaller footprint and lot could be seen as a manageable canvas for a renovation or expansion project, where the below-average purchase price leaves room in the budget for strategic updates. Its consistent "below average" rankings across all metrics indicate it's a quintessential starter home, not a premium property, which defines its specific market niche.
Frequently Asked Questions
1. Is this a good value for the price?
Based on the data, the assessed value is significantly below averages for the street ($310k) and city ($390k). This suggests the price reflects the home's smaller size and age, potentially offering value for buyers prioritizing location within a budget over square footage.
2. What are the main drawbacks?
The living space is compact (700 sqft), which is smaller than most homes in the area. The 1947 build date also means potential for older systems (like plumbing, electrical, or insulation) that may require attention or updating.
3. How does the lot size compare?
The lot is 4,001 sqft, which is smaller than the street average (5,382 sqft) but fairly typical for the Robertson neighborhood. It provides outdoor space but may not accommodate large additions without careful planning.
4. Can I find out the exact past sale price?
The site shows the last sale (around 2019) was in the $150k-$200k range. To receive the exact, verified historical sale figures, you must request them via email from the site provider, as they do not display MLS data directly.
5. What are similar nearby homes like?
Listed nearby references, like 495 Airlies St. (748 sqft, $225k) and 411 Minnigaffe St. (700 sqft, $181k), indicate this property is in a cluster of similarly sized, value-oriented homes from the same era, which can help validate its market position.