Property Overview
7 Stillwell Street is a well-situated one-storey home in Winnipeg's Heritage Park neighbourhood. Built in 1965, it features 1,186 sqft of living space, a renovated basement, and a detached garage on a 5,697 sqft lot. Its assessed value is $35,500.
Key Characteristics & Appeal
This home presents a straightforward, manageable package. Its primary appeal lies in its solid positioning within a stable neighbourhood. The living space, lot size, and assessed value all sit consistently around the average for Heritage Park, suggesting a property that is neither over-improved nor under-sized for the area. The renovated basement adds functional living space, a practical advantage. A less obvious point of appeal is its standing on its own street: it is the oldest home on Stillwell Street, which may hint at a more established, mature setting compared to immediate neighbours.
It would suit a first-time homebuyer or a downsizer looking for a low-maintenance, single-level layout in a central Winnipeg community. The figures indicate a property that is unlikely to surprise in terms of taxes or relative value, making it a sensible choice for a pragmatic buyer seeking a comfortable entry into homeownership without extreme peaks or valleys in its metrics.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold in August 2021 for between $34,500 and $37,500. Its current assessed value of $35,500 is consistent with that sale price and sits around the neighbourhood average.
2. Is the living space sufficient for a small family?
At 1,186 sqft, it is slightly below the neighbourhood average. Combined with the renovated basement, it could work for a small family, but the single-storey layout means all main living areas are on one floor.
3. What does it mean that it’s the oldest home on the street?
With a 1965 build year, it is the oldest on Stillwell Street. This isn’t uncommon for the end of a cul-de-sac or a street that developed over time. It doesn’t indicate condition but may mean the lot has mature landscaping.
4. What are the implications of the "around average" rankings?
The home consistently ranks near the middle for size, value, and lot in its area. This generally indicates a stable, predictable property that aligns with community norms, which can be positive for long-term value and resale.
5. What is the neighbourhood like?
Heritage Park is an established Winnipeg neighbourhood. The provided data shows home metrics here are very close to the city-wide averages, suggesting a typical, well-integrated suburban community.