Property Overview: 1317 Arlington Street, Winnipeg
Key Characteristics & Appeal
This home is defined by its position as a modest, historically grounded property in the Dufferin neighborhood. Built in 1904, it is one of the older homes on its street and in the city. With 868 square feet of living space, it is comparable in size to many homes in its immediate area but smaller than the Winnipeg average. The lot is compact at just under 2,000 square feet, which is notably smaller than most properties nearby.
Its primary appeal lies in accessibility and simplicity. With an assessed value significantly below the averages for both its street and the city, it represents a clear entry point into homeownership. This isn't a property for those seeking ample space or modern foundations, but rather for pragmatic buyers. It would suit a first-time buyer, an investor looking for a straightforward rental property, or someone seeking a minimal-footprint home without a large mortgage. A thoughtful perspective is that its very compactness and age offer a unique opportunity: the lower carrying costs could free up resources for thoughtful, incremental renovations tailored precisely to an owner's needs, potentially creating a highly efficient and personalized space over time.
Frequently Asked Questions
1. Why is the assessed value so much lower than the street average?
The assessed value reflects specific characteristics of this property, notably its smaller living area, compact lot size, and older construction date compared to other homes on Arlington Street. Value is based on these physical attributes and their market implications.
2. What does the "Below Average" city-wide ranking for land area mean for me?
It confirms the lot is compact. This means lower exterior maintenance and potentially lower property taxes tied to land value, but it also limits potential for expansions, additions, or extensive outdoor living spaces.
3. How reliable is the sales history data shown?
The site states that sold price data is from public sources and is reasonably reliable but not guaranteed. For a complete and verified transaction history, you must request a manual lookup from the site administrators, as MLS data is not displayed.
4. The home is older than most. What should I consider?
A 1904 build means potential for character but also necessitates a thorough inspection for foundational integrity, wiring, plumbing, and insulation. Budgeting for maintenance and updates aligned with an older home's needs is essential.
5. Are the nearby listed properties direct comparisons?
The "Nearby properties" and "Similar assessed value" listings provide context for the neighborhood and price point. However, they are not exact comparables, as factors like condition, layout, and exact location cause value differences. They are best used for general area benchmarking.