Property Overview: 745 Arlington Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Arlington Street presents a specific and practical opportunity. Its key characteristic is its compact size, with a living area of 672 sqft that is notably smaller than most comparable homes in the area, city, and on the street itself. This is balanced by a renovated basement and a land area that is above average for the Daniel McIntyre neighbourhood, offering valuable outdoor space.
The appeal lies in its efficiency and lot potential. It suits a first-time buyer, an investor, or someone seeking a minimalist footprint with lower maintenance. The assessed value is modest and in line with the street average, suggesting an accessible entry point into the market. A less obvious perspective is that its 1946 build date makes it a newer construction relative to many homes in this historic neighbourhood, which may appeal to those wary of the upkeep of a century-old property. It’s a home for those who value location and land over interior square footage, with the basement renovation adding functional living space.
Section 2: Frequently Asked Questions
1. Is the house too small?
At 672 sqft, the main floor living area is compact. The renovated basement provides additional space, but the overall footprint is significantly smaller than the neighbourhood average. It requires an efficient use of space.
2. What is the potential here?
The primary potential is in the land. The lot is larger than most in Daniel McIntyre. For the right buyer, this could allow for future expansion, garden space, or outdoor living areas that are uncommon for the area.
3. How does the assessed value compare?
The home’s assessed value is around average for Arlington Street but below the citywide average. This typically indicates a property that is priced accessibly within its immediate context, which is an older, established neighbourhood.
4. What are the neighbours like?
The proximity of nearly identical neighbouring houses (e.g., 747, 743 Arlington) suggests a street with consistent, modestly-sized properties. This can contribute to neighbourhood stability and a uniform streetscape.
5. Are there any concerns with an older home?
Built in 1946, it is not a century-old home like many in the area, but it still requires a buyer comfortable with the maintenance of an 80-year-old structure. The renovated basement is a positive, but attention should be paid to the condition of major systems like roof, wiring, and plumbing.