Property Overview: 665 Campbell Street, Winnipeg
Key Characteristics & Appeal
This is a well-situated two-storey home in Central River Heights, built in 1953 on a standard 5,400 sqft lot. Its primary appeal lies in its above-average living space (1,436 sqft) for the immediate area, offering more room than many neighbouring homes. The property features a detached garage and a basement that presents an opportunity for future finishing. The data suggests a solid, established home in a mature neighbourhood, not a newly renovated showcase.
Its value is rooted in its relative size and established character. It ranks consistently above average for its year built, living area, and assessed value when compared to similar homes on its street and in River Heights. This indicates a property that has been maintained and stands well against its local peers. The lot size is typical for the area, aligning with neighbourhood norms rather than standing out.
This home would suit a buyer looking for a genuine, no-frills property in a central location, who values interior space and sees potential in a home that may require personal updates. It’s a practical choice for someone comfortable with a house that offers good fundamentals—like a generous floor plan and a good lot—but likely needs cosmetic or system upgrades to meet modern tastes.
Frequently Asked Questions
1. What does "above average" for year built really mean?
While built in 1953, this home is newer than many on its street and in River Heights, where average build years are 1945 and 1953, respectively. This can sometimes correlate with updates in construction methods or floor plans for its era.
2. Is the basement finished?
No, the basement is noted as "not renovated." It is a blank canvas for future development, adding potential value but also an immediate project for the buyer.
3. How does the assessed value relate to market price?
The assessed value is for municipal tax purposes. At $47,900, it is above average for the area, but market price is determined by current sales, condition, and demand. Historical sale prices for this property ($43.5k in 2021, $37.4k in 2016) provide context, but are not a direct guide to today's value.
4. What are the implications of a "standard" lot size?
At 5,400 sqft, the lot is very typical for Central River Heights. This means it fits the neighbourhood character, with likely similar yard space to nearby homes, but isn't an unusually large or small parcel.
5. Who might this property not suit?
Buyers seeking a move-in-ready, fully modernized home or those wanting extensive, brand-new renovations may find the project scope too large. It's also not for someone prioritizing a massive or exceptionally private yard, given the standard lot dimensions.