Property Overview: 912 Lipton Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1912, is a classic Daniel McIntyre residence with a renovated basement and a detached garage. Its 1,106 sqft living area is typical for the immediate area, offering a comfortable footprint without being oversized. The appeal here is grounded in value and location. The home sits on a modest 2,339 sqft lot, which means lower maintenance but less private outdoor space—a practical trade-off for many urban buyers.
Its assessed value is notably above average for the Daniel McIntyre neighbourhood, suggesting it may have features or a condition that outpaces many local comparables. This positions it as a potentially well-maintained home in a central, established community. It would suit first-time buyers or downsizers seeking an efficient, character home with modern basement living space, and who prioritize being in a mature neighbourhood over having a large yard. The recent sale in late 2023 also provides a clear, contemporary price benchmark for buyers.
Frequently Asked Questions
1. How does the lot size impact daily living?
While smaller than the city average, the lot is very typical for the central Daniel McIntyre area. It translates to less yard work and lower exterior maintenance costs, but limits potential for large additions or extensive private landscaping.
2. What does an "above average" assessment for the neighbourhood indicate?
An assessment that ranks higher than most homes in Daniel McIntyre often reflects factors like the renovated basement, overall condition, or specific improvements. It’s a useful data point that suggests the home may be turn-key compared to other older homes in the area.
3. Is the detached garage a standard feature here?
In older central neighbourhoods, a detached garage is a valuable asset. It provides secure storage or parking, which many similar period homes lack, adding practical convenience.
4. The home sold recently in December 2023. Why is that significant?
A very recent sale provides a transparent and current market price (listed at $24.50k in the data), eliminating guesswork about its modern value. This helps buyers understand the immediate resale market for the property.
5. Who might this home not suit?
Buyers seeking a large, sprawling yard for gardening or recreation, or those wanting a brand-new build, will likely find this property too compact and established. It’s best for those who appreciate the charm and location of a century-old home with practical updates.