Property Overview
This one-storey home at 604 Campbell Street in Winnipeg's Central River Heights presents a solid opportunity in a desirable neighbourhood. Its primary appeal lies in the combination of a generous, above-average lot and a recently renovated basement, offering space and modern convenience. Built in 1953, the house itself has a modest living area of approximately 1,114 sqft, which is fairly typical for the area. The detached garage and lack of a pool are standard for the streetscape.
The property’s standout characteristic is its land. At 6,000 sqft, the lot size ranks in the top 22% on its own street and within Central River Heights, providing valuable outdoor space that is increasingly rare. This lot size offers clear potential for gardening, expansion, or simply enjoying a larger yard. The renovated basement adds functional living space and is a key modern update. The home last sold in September 2022 for $490k, a price point that was above average for the city, street, and neighbourhood at the time, indicating strong market recognition for the location and lot value.
This home would best suit a buyer who values land size and location over a large existing footprint. It’s ideal for someone comfortable with a cosier main floor layout who sees potential in the basement renovation and the sizable yard. It could appeal to a small family, a couple looking to enter the River Heights area, or a downsizer who still wants outdoor space without the maintenance of a two-storey home.
Frequently Asked Questions
Q: How does the lot size compare to others nearby?
A: The 6,000 sqft lot is a significant feature, placing it in the top 22% for size both on Campbell Street and within the wider Central River Heights neighbourhood. It offers more outdoor space than most comparable properties.
Q: What does "renovated basement" typically mean for a home of this era?
A: While specifics would require a viewing, in a 1953 home this likely indicates updated finishes, proper moisture management, and the conversion to comfortable living space, adding valuable square footage to the modest main floor.
Q: The living area is noted as "around average." Is the house small?
A: At 1,114 sqft on the main floor, it is cosy but typical for the area's one-storey homes. The renovated basement effectively increases the total usable living space, making the property feel larger than the main floor square footage suggests.
Q: The assessed value seems low compared to the last sale price. Why?
A: The assessed value (used for property tax calculation) is often significantly lower than market value. The 2022 sale price of $490k is a more accurate reflection of its market value, which was above average for its area at that time.
Q: What is the broader appeal of Central River Heights?
A: The neighbourhood is consistently sought-after for its mature tree-lined streets, central location with access to amenities, parks, and schools, and a mix of classic housing stock. This property offers a way into that established community with the benefit of a larger-than-average lot.