Property Overview: 934 Banning Street, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 1913, offers a classic footprint with 1,318 sqft of living space and a full, unrenovated basement. It sits on a 3,260 sqft lot with a detached garage. The data reveals a property that is consistently above average for the Daniel McIntyre neighbourhood in terms of living space, lot size, and assessed value, positioning it as a solid, established home within its community. Its appeal lies in this relative strength locally, offering more space and value than many area comparables. The unrenovated basement presents a clear opportunity for customization.
This home would suit a practical buyer looking for character in a central neighbourhood, who values the potential to add their own touch over a move-in-ready finish. It’s a candidate for those who see the upside in a well-located property that ranks well against its immediate peers, rather than city-wide averages. The detached garage is a notable asset for storage or workshop space in an urban setting.
Frequently Asked Questions
1. How does this property compare to others in the area?
The home ranks above the neighbourhood average for living area, lot size, and assessed value. This suggests you’re getting a property that is historically more substantial than many in Daniel McIntyre, though it is around average for the specific street.
2. What does the sale history indicate?
The property sold for $210,000 in early 2018 and for $245,000 in mid-2021. This history provides a benchmark for market trends over recent years in this location.
3. Is the basement usable?
Yes, the home includes a full basement. It is noted as being unrenovated, meaning it is functional space that offers significant potential for future finishing or customization according to a new owner's needs and budget.
4. How old is the house, and what should I consider?
Built in 1913, the home is over a century old. Buyers should budget for potential updates to older mechanical systems, wiring, or plumbing, and consider a thorough inspection. Its age is typical for the charming character of the neighbourhood.
5. The city-wide assessed value ranking seems low. Why?
The assessed value ranks in the top 88% city-wide, which means it is below the Winnipeg average. This primarily reflects the home’s location and the lower overall property values in central neighbourhoods compared to newer suburban areas, not the condition or size of the home itself.