674 Arlington Street

Property Overview

This two-storey home on Arlington Street presents a classic, no-frills opportunity in the Daniel McIntyre neighbourhood. Built in 1907, its 954 sqft of living space is modest but typical for the immediate area. The property features a detached garage and a standard city lot of just under 2,900 sqft. Key data points reveal its position as an entry-level option: its assessed value is notably below average for the street, city, and neighbourhood, and it sits among the older homes in its comparisons. The home has not undergone basement renovations.

Its primary appeal lies in its affordability and location within an established community. This is a straightforward property suited for a first-time buyer comfortable with a home that may require updates, or an investor looking for a rental property with a lower entry point. It offers a chance to enter the market in a central Winnipeg neighbourhood without a premium price tag, making it a practical choice over a luxurious one. A thoughtful perspective is that its below-average assessment, while indicating modest finishes, could also represent a relative tax advantage compared to more heavily renovated homes on the same street.

Frequently Asked Questions

1. What does the below-average assessed value indicate?
It primarily reflects the property’s age, modest size, and the fact that the basement is not renovated. It suggests the home is likely assessed based on its original or older condition, not on recent high-end upgrades, which is a key factor in its affordability.

2. Is the living space sufficient for a family?
At 954 sqft, the living area is functional but compact. It is slightly below the average for the Daniel McIntyre neighbourhood. It would best suit a small family, a couple, or an individual who values location over spaciousness.

3. What should I expect with a home built in 1907?
You should budget for and anticipate maintenance consistent with a 119-year-old structure. This includes potential updates to older electrical, plumbing, or insulation systems. A thorough pre-purchase inspection is essential to understand the home’s condition.

4. How does the lot size compare?
The land area of 2,869 sqft is very close to the average for the city overall. On Arlington Street itself, it is slightly below the local average. This is a standard city lot, providing adequate outdoor space for its context without being oversized.

5. Why is the sale history from 2016 shown?
The previous sale price of $12,200k (likely a typographical error for $122,000 or $12,200) from 2016 is provided as a historical benchmark. It is not the current asking price but offers context on how the property’s value has been established in the recent past.