Property Overview & Key Characteristics
This 1,020 sqft one-and-a-half storey home, built in 1909, sits on a standard city lot in Winnipeg's Daniel McIntyre neighbourhood. Its key characteristics include a detached garage and an unrenovated basement. The home's assessed value is notably modest compared to the wider city, but is typical for its immediate area.
The appeal lies in its position as an affordable, no-frills entry point into the Winnipeg market. It represents a classic, character-rich property that hasn't been modernized, offering a buyer a blank canvas. It suits practical first-time buyers, investors looking for a rental property with a stable baseline value, or hands-on owners who want to shape a home to their own taste over time and are comfortable with a project. A less obvious perspective is its potential as a long-term hold in a centrally located neighbourhood, where the land itself may offer future value.
Frequently Asked Questions
1. Is the low assessed value a concern?
No, it's typical for this specific street and neighbourhood. The value is consistent with similar older homes in Daniel McIntyre and reflects the local market, not an individual problem with the property.
2. What does "unrenovated basement" imply?
It means the basement is in original or functional condition, but not updated with modern finishes. Buyers should budget for potential updates and ensure proper moisture control and insulation for comfort and efficiency.
3. How does the living space compare to nearby homes?
At 1,020 sqft, it's slightly below the average for both Beverley Street and the Daniel McIntyre area, but not drastically so. It offers a compact, manageable footprint.
4. What are the implications of the 1909 build date?
It confirms the home has classic character and solid construction, but also means systems like wiring, plumbing, and insulation may need evaluation and potential upgrading to modern standards.
5. Who might this property not suit?
It's likely not a fit for buyers seeking a move-in-ready, modernized home without any projects, or for those who prioritize large, contemporary living spaces over location and affordability.