Property Overview
This 1935 one-storey home at 684 Arlington Street in Winnipeg's Daniel McIntyre neighbourhood presents a specific and compelling value proposition. Its appeal is anchored in a substantial, above-average lot paired with a modest but functional living space. The home features a renovated basement and a detached garage.
Key Characteristics & Ideal Buyer
The standout feature is the land. At over 5,700 square feet, the lot size is in the top 1% for Daniel McIntyre and top 4% on Arlington Street itself, offering rare urban space for gardens, play, or expansion. The house itself, at 1,051 sqft, is modest and slightly below the area average, suggesting a focus on efficient living or future potential. With an assessed value significantly above the neighbourhood average but well below the citywide average, it positions itself as a substantial property within a more affordable core area.
This property would suit a practical buyer who values land over lavish square footage. It's ideal for a first-time homeowner looking for a starter home with untapped outdoor potential, a downsizer wanting a manageable house with a generous yard, or an investor/renovator who sees the value in the lot and the already-renovated basement. Its appeal is less about immediate move-in luxury and more about foundational value and possibility.
Frequently Asked Questions
1. Is the lot size truly unusual for the area?
Yes. The data shows the 5,738 sqft lot ranks in the top 1% of properties in Daniel McIntyre, making it a significant and rare feature for the neighbourhood.
2. How does the home's size compare to nearby houses?
At 1,051 sqft, the living area is slightly below the average for both Arlington Street and the Daniel McIntyre area, indicating a more compact home footprint on a larger-than-average lot.
3. What does the assessed value tell me about this property?
Its assessment ($250k) is well above the neighbourhood average, likely reflecting the valuable lot and renovations. However, it remains far below the Winnipeg citywide average, highlighting the area's relative affordability.
4. The house was built in 1935. What should I consider?
While the basement has been renovated, a home of this age will likely have older core systems (plumbing, electrical, foundation) that require a thorough inspection to understand their condition and any needed updates.
5. How does the last sale price relate to current value?
It sold for $240k in late 2019. The current assessed value of $250k suggests modest appreciation, but market conditions and any improvements since then will determine its actual market price.