Property Overview: 676 Sherbrook Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1903, presents a classic character home with practical updates. Its key feature is a generously sized lot—over 4,250 square feet—which is notably larger than most in the Daniel McIntyre neighbourhood, offering valuable outdoor space and potential. The home itself has a renovated basement and a detached garage. With 1,386 sqft of living space, it is comfortably sized, ranking around average for the street but above average for the immediate area.
The appeal lies in its balance of historic charm and functional space. The large lot is a significant asset in an inner-city community, providing room for gardening, recreation, or future expansion. Its recent sale in August 2024 suggests a move-in-ready condition. This property would suit first-time buyers or small families looking for an established neighbourhood with character, or investors attracted by the lot size and the steady demand in the area. It’s a grounded choice for those who value outdoor space over a brand-new build.
Section 2: Frequently Asked Questions
1. What does the assessed value mean compared to the recent sale price?
The municipal assessed value is significantly lower than the recent sale price. This is common, as assessed values for tax purposes often lag behind market values, especially in active neighbourhoods. The sale price is the clearer indicator of current market value.
2. How does the lot size compare to typical properties?
The lot is a standout feature. At 4,256 sqft, it ranks in the top 4% for size within the Daniel McIntyre neighbourhood, meaning it offers more private outdoor space than the vast majority of nearby homes.
3. Is the age of the home (1903) a concern?
While the home has historic charm, its age places it among the older properties in the city. Buyers should prioritize a thorough inspection to understand the condition of major systems like wiring, plumbing, and the foundation, which may have been updated over time.
4. What is the neighbourhood like?
Daniel McIntyre is a mature, inner-city community. It offers convenience and character, with older homes and established tree lines. As with any central neighbourhood, it's wise to visit at different times to get a feel for the specific block and nearby amenities.
5. How does this home compare to others on the same street?
The home is quite typical for Sherbrook Street in terms of living space, age, and assessed value. Its main differentiator is the larger-than-average lot size, which offers a comparative advantage over direct neighbours.