Property Overview: 356 Moray Street, Winnipeg
Key Characteristics & Buyer Appeal
This home presents a distinct value proposition centered on its generous lot. At nearly 8,000 square feet, the property offers a land area that is well above average for its street, neighborhood, and the city of Winnipeg. This is its standout feature, providing significant outdoor space for gardening, recreation, or future expansion. The house itself, built in 1960, is of a similar vintage to many in the immediate area but offers a living area slightly more compact than most direct neighbors. Its assessed value is notably below the local averages, which can indicate a potentially lower property tax burden and an accessible entry point into the Booth neighborhood.
The appeal here is practical and grounded. It suits a buyer who prioritizes land over a large interior footprint—perhaps someone looking for a manageable home with room to breathe, garden, or add a garage or workshop. It could also appeal to an investor or renovator who sees value in the substantial lot and the opportunity to update the home over time. A thoughtful perspective is that while the home ranks below average in size and value on its own street, this positions it as a more affordable option in a stable, established area, offering the community benefits without the premium price tag of the largest homes on the block.
Frequently Asked Questions
1. Is the below-average living area a concern?
Not necessarily. While the interior is modest compared to some neighbors, the layout and condition are more important factors. The trade-off is a larger-than-average yard, which may be a preferred use of space for many buyers.
2. What does the assessed value tell me about the property taxes?
With an assessed value below the local averages, the municipal property tax bill for this home is likely to be proportionally lower than for many comparable houses in the Booth area, which is a financial positive.
3. How does the year built affect the home?
Built in 1960, the home is of an era common in this part of Winnipeg. Buyers should anticipate the potential for updates to major systems like plumbing, electrical, or windows, which is typical for homes of this age.
4. Why is there no sales history shown?
Public sales records for this specific property are not available in the connected database. Exact historical sale figures can be requested directly from the site via email for a manual lookup.
5. The lot is large, but are there any restrictions on its use?
While the lot size is a major asset, any plans for additions, sheds, or pools would require checking the City of Winnipeg’s zoning bylaws and obtaining the necessary permits to ensure compliance.