Property Summary: 635 Cambridge Street, Winnipeg
Key Characteristics & Appeal
This two-storey home in Central River Heights presents a compelling mix of modern convenience and established neighbourhood charm. Its key characteristic is its age: built in 2004, it is one of the newest homes on its street and in the wider area, ranking in the top 3% locally for year built. This suggests updated building systems and less immediate need for major renovations. The living space, at 1,520 sqft, is comfortably above average for the area, offering good interior volume.
The appeal lies in this "newer build in an old neighbourhood" dynamic. Buyers gain the character and mature streetscape of River Heights without the potential for the significant upkeep often associated with century-old homes. The property features a renovated basement and a detached garage. It's important to note the lot size is compact at 3,598 sqft, which is below average for the street but translates to lower maintenance.
This home would suit buyers seeking a move-in-ready property who value modern construction but want to be rooted in a classic, central Winnipeg community. It’s ideal for professionals, small families, or downsizers looking for low-maintenance living without sacrificing location. The above-average assessed value reflects its relative newness and renovated condition within the market.
Frequently Asked Questions
1. Is the lot size a disadvantage?
While the land area is smaller than most on the street, it requires less yard work and may appeal to those seeking a manageable outdoor space. The trade-off is a newer home with modern amenities on a prime street.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. This would be a key detail to clarify with the seller or agent to understand if it’s a finished living space, a rec room, or has a separate entrance.
3. How does the 2020 sale price relate to current value?
The home sold for $460k in July 2020. This provides a historical benchmark, but current market conditions, further updates, and comparable recent sales in the area will determine its present value.
4. Are properties with detached garages common here?
In established neighbourhoods like River Heights, detached garages are common, especially on older lots. This garage may be accessed via a rear lane. Consider this for convenience, especially during Winnipeg winters.
5. What is the significance of the high ranking for "Year Built"?
Ranking in the top 1-3% for year built in the area is significant. It strongly indicates that major components like the roof, windows, furnace, and electrical are likely younger and more efficient than those in most neighbouring homes, potentially reducing near-term capital costs.