Property Overview: 699 Arlington Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1910, offers a blend of established character and practical space in Winnipeg's Daniel McIntyre neighbourhood. With 1,376 sqft of living area, it provides above-average interior space for both its immediate street and the wider neighbourhood, making it a notably roomy option in the area. The home features a detached garage and an unrenovated basement, presenting a classic canvas.
Its primary appeal lies in its value and location. The home's assessed value is modest, positioning it as an accessible entry point into the market. For a buyer comfortable with a home of this vintage, it offers the potential to add value through updates over time. The lot, while smaller than many city-wide averages, is typical for the central neighbourhood, offering manageable upkeep.
This property would best suit a pragmatic first-time buyer, an investor looking for a character rental, or a hands-on owner who appreciates a home with history and sees the basement as a future project rather than a drawback. It’s for those who prioritize space and location over modern finishes and are ready to put their own stamp on a solid, century-old structure.
Frequently Asked Questions
1. What does "above average living area for the neighbourhood" actually mean?
In direct comparison to similar homes in Daniel McIntyre, this house has more interior square footage than roughly 81% of them. You are getting more indoor space than is typical for the area.
2. The assessed value seems very low compared to the 2023 sale price. Why?
Municipal assessed value for tax purposes often lags behind market sale prices and is calculated using a different formula. The $260k sale price from 2023 is a much more current indicator of its market value.
3. Is the smaller lot size a significant concern?
At 2,515 sqft, the lot is compact but not unusual for central, established neighbourhoods. It means less yard maintenance but also less private outdoor space. It's a trade-off typical for the location.
4. What should I expect with a 1910 home and an unrenovated basement?
You should budget for potential updates to older mechanical systems (like plumbing or wiring) and plan for a professional inspection. The basement offers storage and utility space but will likely require investment to become a finished living area.
5. How does this home compare to others on Arlington Street itself?
The data shows it holds its own on its own street: it's in the top quarter for living space size and around the middle of the pack for assessed value and age. It's a representative, if slightly more spacious, example of a home on this block.