Property Overview & Appeal
This two-storey home at 478 Simcoe Street in Winnipeg's Daniel McIntyre neighbourhood presents a classic character property with practical updates. Built in 1907, its key characteristic is a well-proportioned 1,291 sqft living space, which is notably above average for both the street and the local area. The home features a renovated basement and a detached garage. The lot size of 2,754 sqft is also generous for the central neighbourhood.
Its appeal lies in its established community location and a sense of space that outperforms many immediate peers. The renovated basement adds modern functionality to the historic structure. This property would suit a buyer looking for a character home in a central locale without compromising as much on interior and yard space as similar vintage homes often require. It’s a practical choice for someone who appreciates older architecture but values the move-in readiness that comes with key renovations.
Frequently Asked Questions
Is this a large home for the area?
Yes. The living area is in the top 25% for the Daniel McIntyre neighbourhood, meaning it offers more interior space than most comparable local homes.
What does the assessed value indicate?
The assessed value is around average for the street and neighbourhood, but below average citywide. This typically reflects the older home vintage and central location compared to newer suburban developments, not necessarily the condition or market value.
How does the lot size compare?
The land area is above average for Simcoe Street, providing a more substantial yard than many neighbouring properties, which is a notable advantage in a central neighbourhood.
The home was built in 1907. What should I consider?
While the basement has been renovated, a home of this age will likely have character-appropriate maintenance considerations, such as original windows or plaster walls, which some buyers cherish and others budget to update.
Are the recent sale prices on the street comparable?
Nearby sales show a wide range of values, largely dependent on size, condition, and updates. This home’s above-average living area and renovated basement position it toward the more updated and spacious end of the spectrum for the street.