Property Overview & Key Characteristics
This two-storey home at 800 Lipton Street in Winnipeg's Daniel McIntyre neighbourhood presents a classic character home with practical updates. Built in 1914, its 1,266 sqft of living space sits above average for the immediate area, offering comfortable room for a small family or couple. A key feature is the renovated basement, adding valuable finished space. The property stands out for its generous 3,515 sqft lot, which is significantly larger than most in the neighbourhood, offering excellent outdoor potential. It includes a detached garage. The home’s assessed value positions it as an above-average property within Daniel McIntyre, suggesting solid value for the area.
The appeal lies in its blend of established neighbourhood character, functional updates, and that rare larger lot. It suits buyers looking for a home with space to grow, garden, or entertain outdoors without moving to the suburbs. It would also appeal to those who value a home that ranks well in its local context—offering more interior and land space than many nearby properties—while being priced accessibly compared to the city-wide market. A thoughtful perspective is that the larger lot not only provides immediate outdoor space but represents a long-term asset in a mature neighbourhood where such parcels are increasingly scarce.
Frequently Asked Questions
1. How does this home compare in size to others nearby?
With 1,266 sqft of living area, this home is larger than the average for both Lipton Street and the broader Daniel McIntyre neighbourhood, placing it in the top third of local comparable properties.
2. What is the significance of the lot size?
The 3,515 sqft lot is a standout feature, ranking in the top 9% on Lipton Street and top 13% in Daniel McIntyre. It offers substantially more yard space than is typical for the area.
3. The home was built in 1914. What should I consider?
While the basement has been renovated, a home of this age will likely have character-appropriate features and materials. Prospective buyers should factor in the maintenance and potential updating needs consistent with any century-old home during their inspection.
4. How does the assessed value relate to the market price?
The assessed value is a municipal valuation for tax purposes. It’s noteworthy that this home’s assessment is above average for Daniel McIntyre. However, market price is determined by current sale conditions; the last known sale was in October 2019 for $290,000.
5. What does the "above average" ranking for the neighbourhood mean?
The rankings show this property performs well on key metrics (like living area, lot size, and assessed value) compared to most homes in Daniel McIntyre. This suggests it offers a combination of attributes that are stronger than the neighbourhood baseline, which can be a marker of good relative value and appeal.