Property Summary: 791 Home Street, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1910, is a classic character property in the Daniel McIntyre neighbourhood. Its key appeal lies in a combination of established charm and practical potential. With 1,125 sqft of living space, the home is moderately sized but sits on a notably generous 3,779 sqft lot—a standout feature that ranks in the top 4% for land area on its street. This offers valuable outdoor space and future flexibility that is less common in the area.
The home presents as a solid, grounded opportunity. It features a basement (not renovated) and a detached garage. Its assessed value is consistent with similar homes in the immediate area and neighbourhood, suggesting it is priced within the local market context. The property would suit a buyer looking for a home with character in a well-established community, who values a larger lot over a recently renovated interior. It’s a candidate for those comfortable with a project, whether that means gradual updates or leveraging the lot size for long-term value.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
The 3,779 sqft lot is a significant asset, ranking in the top 4% on Home Street and the top 9% in the Daniel McIntyre neighbourhood. It is substantially larger than the area averages, offering more private outdoor space than most comparable homes.
2. What is the significance of the "one-and-three-quarter storey" design?
This common early-20th-century style typically features a main floor, a second floor with sloped ceilings (dormers), and often a smaller footprint on the upper level. It adds character but may have unique room layouts compared to a full two-storey home.
3. Is the assessed value a reliable indicator of the sale price?
The assessed value for municipal taxes is one data point. Notably, this home sold for $18.7k in August 2023, which was close to its current assessed value of $17.6k. This recent sale provides a concrete, comparable benchmark for market value.
4. How does the living space compare to the neighbourhood?
At 1,125 sqft, the living area is slightly below the average for homes on its specific street but is very close to the average for the wider Daniel McIntyre neighbourhood. It offers a moderately sized footprint typical for the area.
5. What should I consider about the basement?
The listing notes the basement exists but is "not renovated." This typically means it is in original or utilitarian condition, suitable for storage and mechanical systems, but would require investment to finish as living space.