Here is a clean, standalone summary of the property at 262 Langside Street.
Key Characteristics and Buyer Profile
This 1906 home offers 2,129 square feet of living space on a 3,265-square-foot lot. Its strongest asset is size: it ranks in the top 11% on its street and top 8% citywide for living area, meaning it is noticeably more spacious than most comparable Winnipeg homes. At the same time, its assessed value ($208k) sits well below neighborhood and city averages, ranking in the bottom 16% citywide. This creates an unusual gap between physical size and market value.
The appeal lies in getting a large, older home for a relatively low assessed price, likely due to the West Broadway neighborhood’s market dynamics rather than the condition of the house itself. The property is older than most homes in the city (top 2% for age), which may appeal to buyers who appreciate pre-war character, solid construction, and mature surroundings—but it also signals potential maintenance needs. This home would suit a buyer who prioritizes square footage and historic charm over a move-in-ready, low-upkeep property, and who is comfortable with a neighborhood that offers more modest valuations than other parts of Winnipeg.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
It is around average for the street, but significantly lower than the neighborhood average ($225k vs. $295k) and far below the citywide average ($390k). This suggests the home may be priced to reflect its immediate area, not the broader market.
2. What does the "Top 11%" ranking for living area actually mean?
Out of 245 comparable homes on Langside Street, this property ranks 28th largest. In plain terms, only about one in ten houses on this street has more interior space. For buyers looking for generous room dimensions, this is a standout.
3. Is the year built (1906) a concern for insurance or renovations?
Yes, especially citywide, where the average home was built in 1966. Older homes can come with higher insurance premiums and may have outdated electrical, plumbing, or insulation. That said, on Langside Street itself, many homes are from a similar era, so local contractors and insurers will be familiar with the age.
4. Why is the land area ranked higher on the street (top 19%) than in the neighborhood (top 61%)?
The lot is larger than most others on Langside Street (3,265 sqft vs. a 2,655 sqft street average), but smaller than the typical West Broadway lot (3,954 sqft). So it stands out locally but is more average once you zoom out to the broader area.
5. What kind of neighborhood is West Broadway?
The data shows home values here are below both city and neighborhood averages, and properties tend to be older. It’s a central, character-rich area with a mix of historic homes, rentals, and small businesses. Buyers should expect a more urban, community-oriented feel rather than a suburban one, and should factor in the older housing stock when budgeting for repairs.