Property Overview: 714 Arlington Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1908, is a classic character property in Winnipeg's Daniel McIntyre neighbourhood. With 1,116 sqft of living space and a detached garage, it presents a practical footprint. The appeal lies in its established location and its position as a solid, average-sized home within its immediate area. The data suggests it's a property of contrasts: its assessed value is above average for Daniel McIntyre, indicating perceived stability in the local context, yet its lot size and age are below average city-wide. This points to a home whose value is rooted more in its neighbourhood than in its physical attributes.
It would suit a buyer looking for an entry point into a mature community without a massive renovation project, as the basement is noted as unrenovated. It's ideal for someone who values a central location over a large, modern lot. A thoughtful perspective is that this home represents a "neighbourhood play"—its metrics are strongest within its own community, appealing to buyers who prioritize walkability and established character over newer construction or expansive private outdoor space.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to likely market value?
The assessed value is for taxation purposes and is typically lower than market value. The provided sales data shows a nearby home sold for $22,100 in late 2021, which can serve as a historical benchmark, but current market conditions will determine the actual sale price.
2. What does "one-and-three-quarter storey" mean for living space?
This style often features a main floor with principal rooms and a second floor where the roofline slopes into the walls, creating cozy bedrooms with potentially reduced ceiling height in parts. It maximizes space in a classic design.
3. The home is older—what should I consider?
Built in 1908, it will have the charm and potential quirks of its era. While systems (roof, wiring, plumbing) may have been updated, a thorough inspection is crucial. The unrenovated basement also suggests an area for future improvement or storage as-is.
4. How does the lot size impact the property?
At 2,755 sqft, the lot is below average for the street and city. This means a smaller yard, which translates to less maintenance but also less private outdoor space. It emphasizes the home's urban, community-focused setting.
5. Is this a good investment for the area?
The data shows its assessed value ranks well (Top 23%) within Daniel McIntyre, suggesting it aligns with or exceeds neighbourhood norms. This can indicate stability. Its appeal is to those betting on the ongoing demand for centrally located, character homes in established communities.