Property Summary: 211 Amherst Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1946, presents a practical opportunity in Winnipeg's King Edward neighbourhood. Its primary appeal lies in its efficient use of space and relative value within its immediate area. With 1,198 sqft of living space, the home is notably above average for both Amherst Street and the broader King Edward area, offering more room than many comparable local properties. A key feature is the renovated basement, which adds functional living space. The lot is a compact 3,756 sqft, which means lower maintenance but less private outdoor space.
The home suits first-time buyers or practical investors looking for a solid, move-in-ready footprint in a central neighbourhood without a premium price tag. Its assessed value is modest, and recent sold price data suggests it sits in a lower price tier, which could appeal to those seeking affordability. A thoughtful perspective is that while the home may rank below the citywide averages for metrics like lot size and year built, it outperforms many of its direct neighbours on key points like living area, indicating it's a stronger player on its own street than in the wider market. This makes it a savvy pick for someone prioritizing interior space and neighbourhood value over a large yard or a newer build.
Frequently Asked Questions
1. How does this home's value compare to others nearby?
Its assessed value is above average for Amherst Street itself and around average for the King Edward area, but it is below the average assessed value for the entire city. This indicates it is priced appropriately within its immediate local market.
2. Is the living space sufficient for a small family?
At 1,198 sqft, the living area is in the top 15% for the King Edward neighbourhood, meaning it offers more space than most direct comparable homes. Combined with a renovated basement, it provides an efficient layout that could work well for a small family or couple.
3. What are the implications of the lot size?
The lot is 3,756 sqft, which is below average for the street and the city. This translates to less yard maintenance, which can be a benefit, but also offers less potential for expansion or extensive private outdoor living space compared to properties on larger lots.
4. What does the sold price history indicate?
Public data shows a sale in July 2023 within a moderate price range. This recent transaction provides a concrete benchmark for the home's market value just under two years ago, offering a grounded starting point for understanding its current worth.
5. Who would this property most likely suit?
This home is best suited for value-conscious buyers seeking above-average interior space for the specific neighbourhood. It would appeal to those who prioritize a renovated, low-maintenance property over having a large yard or a brand-new home. Its metrics suggest it's a practical, grounded choice within its local context.