Property Overview
This is a compact, one-storey home built in 1904 on a surprisingly generous lot in Winnipeg's Daniel McIntyre neighbourhood. Its primary appeal lies in the combination of a renovated basement and a land area that is significantly larger than most in the immediate area, offering potential for expansion or outdoor use. The living space is modest at 680 sqft, placing it among the smaller homes locally, but this is reflected in its below-average assessed value. This property suits a pragmatic, value-oriented buyer—perhaps a first-time homeowner, an investor, or someone seeking a lower-cost entry into the neighbourhood with a vision to gradually improve or utilize the sizable lot. It’s a home that prioritizes land value and location over immediate square footage, appealing to those who see potential beyond the current footprint.
Key Details & Questions
What are the key features of this home?
It is a 680 sqft, one-storey house built in 1904, featuring a renovated basement. It sits on a 3,890 sqft lot, which is notably larger than most neighbouring properties.
How does it compare to other homes in the area?
The home itself is smaller and older than most comparable houses on its street and in Daniel McIntyre. However, its lot size is in the top 11% on Agnes Street, meaning you get more land than the vast majority of nearby properties.
What is the assessed value?
The assessed value is $15,200. This is below the average for the street, neighbourhood, and city, consistent with the home's smaller size and age.
Who would this property be best for?
It would suit a buyer comfortable with a smaller living space who values the potential of a large lot, whether for gardening, future expansion, or simply having more outdoor privacy than is typical for the area. Its value price point could also attract investors.
What should a potential buyer consider?
A buyer should weigh the benefits of the large lot and renovated basement against the limited main-floor living area and the age of the structure (122 years). Due diligence on the condition of the original structure and any renovation permits is essential.