Property Overview & Key Characteristics
This two-storey home on Cathedral Avenue, built in 1910, presents a classic character property with modern updates. Its key appeal lies in the combination of a generous 3,160 sqft lot, a renovated basement, and a detached garage in the established St. John's neighbourhood. The home offers 1,341 sqft of living space.
The property suits buyers looking for a grounded, no-frills home in a mature community. It’s ideal for someone who values a larger-than-average lot for the area, appreciates the potential of a character home with some updates already in place (like the basement), and doesn’t require a new-build. The data suggests it's a solid, middle-of-the-road property for the immediate area in terms of size and value, but its lot size and the age of the home (ranking in the top 5% city-wide for being older) indicate a classic Winnipeg streetscape. This isn't a luxury showcase, but a practical home with room to grow and personalize.
Frequently Asked Questions
1. What does the "renovated basement" likely include?
While specifics aren't listed, a renovated basement in a home of this era typically means it has been finished into a usable living space, such as a family room or additional bedrooms, and includes modern insulation, drywall, flooring, and likely updated electrical.
2. How does the age of the home (1910) affect maintenance?
A 116-year-old home has undeniable character but requires a mindful approach to maintenance. Buyers should budget for potential updates to original plumbing, wiring, or windows, and prioritize a thorough inspection. The renovated basement is a positive sign of ongoing care.
3. The assessed value seems low. Is that accurate?
The assessed value of $20,900 is for municipal tax purposes only and is not an indicator of market value. The home last sold for $190,000 in 2017, which is a more relevant benchmark. Always rely on a current market evaluation from a real estate professional.
4. What is the neighbourhood like?
St. John's is a long-established, no-frills Winnipeg neighbourhood. The property ranks in the top half for lot size on its street and in the wider area, suggesting it's on a street with a mix of well-kept, older homes. It offers community familiarity and convenience rather than upscale amenities.
5. How does this home compare to others on the street?
The data shows this home has a larger lot than 85% of properties on Cathedral Avenue, a key advantage. However, its living space is more modest, ranking in the top 28% (meaning 72% of homes on the street are larger). This indicates a home that trades interior square footage for generous outdoor space.