Property Summary: 804 Home Street, Winnipeg
Key Characteristics & Appeal
This one-and-three-quarter storey home, built in 1909, presents a classic character property with practical updates. Its key feature is a generously sized lot of 3,509 sq ft, which is notably larger than most in the immediate area and Daniel McIntyre neighbourhood, offering valuable outdoor space and potential. The home itself, at 1,066 sq ft of living area, is compact relative to some neighbours but includes a renovated basement. A detached garage adds functional storage or workshop space.
The appeal lies in its balance of historic charm, a premium lot size for the inner city, and modernized essentials. It suits first-time buyers or downsizers looking for a manageable footprint without sacrificing yard space, or investors attracted to a well-located property with a strong land component. A thoughtful perspective is that while the living space is modest, the above-average lot provides a rare opportunity for gardening, expansion, or simply more privacy than is typical for the area—a trade-off that will resonate with specific buyers.
Frequently Asked Questions
1. How does the assessed value compare to the likely market price?
The city assessed value is $20,400, which is significantly below the citywide average for homes. However, the last known sale was in August 2022 for $215,000. Market price is determined by current conditions and buyer demand, not the municipal assessment for tax purposes.
2. Is the smaller living area a concern?
At 1,066 sq ft, the home is below the average size for its street but closer to the neighbourhood average. It indicates a more efficient, potentially easier-to-maintain layout. The renovated basement effectively adds usable space, offsetting the main floor square footage.
3. What does the large lot size mean for me?
The lot is a standout feature, ranking in the top 6% on its street. This means more private outdoor space, room for additions like a deck or garden, and potentially better natural light and distancing from neighbours compared to tighter lots.
4. As a 117-year-old home, what should I expect?
While the renovated basement is a plus, a home from 1909 will have character but also requires diligent attention to aging components like the original foundation, plumbing, wiring, and windows. A thorough inspection is essential.
5. How does this property fit within the Daniel McIntyre neighbourhood?
The data shows this home is very typical for Daniel McIntyre in terms of age, assessed value, and living area. Its lot size, however, is a positive outlier, giving it a competitive advantage over many direct neighbours.