Property Overview & Key Characteristics
This 1906 two-and-a-half storey home in William Whyte presents a classic, no-frills investment in one of Winnipeg's historic neighbourhoods. Its primary appeal lies in its substantial lot size—ranking in the top 8% of the city—and a generous living area that is notably larger than most nearby homes. The property has an unfinished basement and no garage, positioning it as a straightforward, value-oriented opportunity rather than a turn-key offering.
It would suit a practical buyer looking for a footprint with potential, whether as a first home with renovation plans or a long-term hold. The very low assessed value suggests it may appeal to investors or buyers prioritizing land value and interior space over modern updates. A thoughtful perspective is that this home represents a piece of early 20th-century Winnipeg, offering character and scale that can be rare at this price point, but it requires a vision for its future.
Frequently Asked Questions
What does the "top X%" ranking mean for the lot size?
The land area of 2,727 sq. ft. is larger than 92% of all residential lots in Winnipeg, making it a standout feature for potential expansion, gardening, or outdoor space.
Is the basement usable?
The basement exists but is noted as "not renovated," meaning it is unfinished and would require work to be converted into livable or finished storage space.
How does the assessed value compare to nearby homes?
At $15,600, it is moderately higher than several direct neighbours but significantly lower than some recently built or renovated properties on adjacent streets, reflecting its unrenovated state.
What is the significance of the building type being "Two & 1/2 Storey"?
This is a classic Winnipeg architectural style, typically featuring two full floors and a smaller top floor under a gabled roof. It often means generous room sizes and a traditional layout.
Are properties around it similar?
The immediate neighbouring properties are of similar vintage and scale, suggesting a consistent streetscape. However, assessed values on the same block vary widely, indicating a mix of conditions and updates in the area.