Property Overview & Key Characteristics
This one-and-three-quarter storey home on Tremblay Street is a classic Winnipeg character home, built in 1911. Its primary appeal lies in its established Archwood neighbourhood setting and its surprisingly large 3,300 sqft lot, which ranks in the top third of the area. With 798 sqft of living space, the home itself is compact, suggesting a cozy layout that prioritizes its generous outdoor space. The basement exists but is unrenovated, and there is no garage or pool.
The property’s standout feature is its land value and location within a mature community. It last sold in late 2021 for $21,900, closely aligning with its current assessed value. This is a home for a specific buyer: someone seeking an entry point into a stable neighbourhood who values potential over turn-key perfection. It would suit a hands-on buyer looking for a character home to gradually renovate, an investor interested in the lot’s future potential, or a minimalist who prioritizes a large yard over a large house. A less obvious perspective is that its older construction date (ranking in the top 6% city-wide for age) is a double-edged sword—it offers historic charm but necessitates a thorough inspection and budget for updates.
Frequently Asked Questions
1. What does "one-and-three-quarter storey" mean for this home?
This style typically features a full main floor and a second floor where the roofline slopes into the walls, creating cozy, character-filled rooms with potentially lower ceilings in parts of the upper level.
2. How does the lot size compare to others?
The 3,300 sqft lot is a key asset, larger than 67% of lots in the Archwood neighbourhood and 83% of lots across Winnipeg, offering significant outdoor space for its price point.
3. The home is over 110 years old. What should I consider?
While it offers classic charm, a pre-purchase inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation. The unrenovated basement also indicates potential for moisture management or insulation updates.
4. There’s no garage. Is street parking readily available?
The listing does not specify dedicated parking. You would need to verify on-site the availability of on-street parking permits and observe typical parking density on the street and nearby.
5. How does the assessed value relate to the likely selling price?
The assessed value of $21,500 is for municipal tax purposes. The last sale was $21,900 in 2021. In Winnipeg’s market, the final sale price is determined by current buyer competition and the home’s condition, and can be above or below this figure.