Property Overview: 1053 Theo. Nuytten Street, Holden, Winnipeg
Key Characteristics & Appeal
This one-storey home, built in 1927, presents a compelling mix of vintage charm and practical updates on a notably large lot. Its primary appeal lies in its generous 7,616 sqft land area, which places it in the top 13% citywide, offering significant outdoor space and future potential in the quiet Holden neighborhood. The 1,312 sqft living area is comfortably above average for both the street and the local area, and it benefits from a renovated basement, adding valuable finished space. A detached garage provides flexible storage or workshop options.
While the home itself is older than most in its immediate vicinity, this is balanced by its spacious interior and the rare find of such a large parcel of land. The assessed value of $340k reflects its standing as a solid, above-average property within its community. This home would suit a buyer looking for a character property with room to grow, whether that means enjoying expansive gardens, adding additions, or simply having more privacy and space than typical area lots provide. It’s ideal for those who value outdoor space over a modern build date and appreciate the stability of a home that ranks well in key metrics like lot size and living area within its locale.
Frequently Asked Questions
1. How does the age of the home affect its value and condition?
Built in 1927, the home is older than most in Holden. While this often means potential for character and sturdy construction, it’s essential to have thorough inspections for foundational, electrical, and plumbing systems. The renovated basement is a positive update that adds modern functionality.
2. What are the real advantages of such a large lot?
The lot size is a standout feature, offering privacy, space for recreation, gardening, or future projects like a shed, patio, or even an addition. It’s a rare asset in the city that provides a sense of openness not commonly found.
3. The home sold in 2020 for a price range around $28.5k-$31.5k. Why is the assessed value now $340k?
The 2020 sale price range appears to be an error or an extreme outlier in the data (potentially a lot sale or data entry issue). The current assessed value of $340k is aligned with typical market values for the area and the property’s characteristics, and should be considered the accurate benchmark.
4. Is the living space all on one level?
Yes, this is a one-storey (bungalow) style home. The renovated basement provides additional living area, but the main living spaces—likely bedrooms, kitchen, and living room—are all on the ground floor, which can be ideal for accessibility or simple, efficient living.
5. How does this property compare to others in Winnipeg overall?
Citywide, this home is around average for living area and assessed value, but it excels in land area (top 13%). This indicates you are purchasing a property with a lot size that is well above the Winnipeg norm, while the house itself offers space that is competitive with the broader market.