Property Overview
This home at 616 Langside Street in Winnipeg's Spence neighborhood presents a classic, early-20th century residence with a practical footprint. Built in 1905, its 1,312 sqft living area and $217k assessed value are very typical for its immediate street and area, offering a sense of consistency in the local market. The appeal lies in its established character and its position as a squarely average property within a historic, inner-city community. It suits a pragmatic buyer—perhaps a first-time homeowner or an investor—who values a straightforward entry into the market without unexpected premium costs for size or location. A thoughtful perspective is that while its citywide rankings for lot size and age are quite low, this reflects its urban core positioning; it’s not a sprawling suburban property, but part of the fabric of a long-developed area where smaller, older homes are the norm.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
Its assessed value of $217k is significantly below the Winnipeg average of approximately $390k for comparable homes, placing it in the top 89% citywide (meaning it’s less expensive than most). This indicates it could be a more accessible option within the city.
2. Is the living space smaller than average?
Within the Spence neighborhood and on Langside Street itself, the living area is around average. It is slightly below the citywide average, which is common for older, inner-city homes compared to newer suburban builds.
3. What does the year built (1905) mean for a buyer?
The home is a century-old character property. While it shares this era with many homes in Spence, it is notably older than the typical Winnipeg home. Buyers should budget for maintenance and updates appropriate for its age.
4. Why is the lot size ranked so low citywide?
The land area is 2,248 sqft, which is standard for the street but well below the Winnipeg average. This is typical for dense, central neighborhoods and means smaller outdoor spaces but often less maintenance.
5. How can I get exact historical sale prices for this property?
The site notes that sold price data is not sourced from the MLS. To obtain verified transaction history and exact figures, you must request a manual lookup via email from the provided service.