Property Overview: 548 Agnes Street, Winnipeg
Key Characteristics & Appeal
This is a substantial, character-filled home in Winnipeg's Daniel McIntyre neighborhood. Built in 1906, its primary appeal lies in its generous 2,124 sqft of living space, which ranks in the top 1% of homes on Agnes Street and the top 2% within the neighborhood. This suggests a layout with ample room for a growing family, a home office, or flexible living areas. The home features a renovated basement, adding to its functional space. With an assessed value of $290,000, it presents a notable value proposition within its immediate area, ranking in the top 5% of Daniel McIntyre. The lot size is also above average for the street.
The home suits buyers looking for space and character in a central, established community. It’s ideal for those who value the architectural heritage of a two-and-a-half storey design and are comfortable with the upkeep of a century-old home. A thoughtful perspective is that its "elite" ranking for size and local value, yet "below average" citywide assessment, highlights a specific opportunity: acquiring a large, well-positioned property in a central neighborhood that may be undervalued relative to the broader Winnipeg market. It’s a home for a pragmatic buyer who prioritizes interior space and location over a newer build or a massive suburban lot.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, finishes, and whether it includes a legal suite or additional bedrooms should be verified through a viewing and inspection.
2. How does the assessed value compare to the expected sale price?
The assessed value for taxation is $290,000. The last known sale was in 2016 for $218,000. The current market sale price will be determined by recent comparable sales, condition, and buyer demand, and may differ significantly from both these figures.
3. Are there any concerns with a home built in 1906?
While full of character, a home of this age will require diligent inspection. Key focuses should be the foundation, roof, plumbing, electrical systems (e.g., knob-and-tube wiring), and insulation. The renovated basement is a positive, but the work should be confirmed as permitted and to code.
4. What is the parking situation with no garage?
The property has no garage. Parking is likely limited to on-street. Buyers should confirm local parking regulations, permit requirements, and typical availability with the city.
5. The rankings show it's "below average" for year built citywide. Is that a disadvantage?
This largely reflects that newer suburbs dominate the city-wide average. In the context of central, character neighborhoods like Daniel McIntyre, a 1906 build is common. The true consideration isn't the age itself, but how well the home has been maintained and updated over its long life.