Property Overview: 215 Marjorie Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1918, is a classic King Edward neighborhood property. With 941 square feet of living space and a renovated basement, it offers a practical footprint on a standard city lot. The data reveals its true context: while its size and assessed value are below the Winnipeg citywide average, they are squarely typical for both Marjorie Street and the broader King Edward area. This indicates a home that is well-matched to its established, central community.
The appeal lies in its affordability and location within a mature neighborhood. It represents a straightforward entry point into homeownership or a low-maintenance property for those looking to downsize. The renovated basement adds functional living space, a valuable update for a home of this era. It would suit first-time buyers seeking a character home without a premium price tag, or pragmatic investors looking for a stable rental property in a long-established area. A less obvious perspective is that a home which is "average" for its immediate surroundings often means predictable property taxes and fewer surprises relative to neighbors, providing a form of financial stability.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The home’s assessed value is significantly below the citywide average, but this is primarily because it’s in a central, older neighborhood. Its value is very much in line with the averages for both Marjorie Street and the King Edward area.
2. Is the living space small?
At 941 sqft, it is smaller than the average Winnipeg home. However, it is typical for this street and neighborhood. The renovated basement effectively increases the usable living area.
3. What does the sold price history show?
Public records show it last sold in June 2022 for an estimated range of $20.5k to $23.5k. The current assessed value is $23.20k, suggesting stability in line with that recent sale.
4. Are homes from 1918 a concern?
The year built (1918) is older than the city average but is actually around the typical age for this specific street and neighborhood. Buyers should prioritize a thorough inspection to understand the condition of major aging components.
5. How can I find out the exact past sale price?
The exact sale price is not publicly posted. You can request it directly from SaveOnHouse by providing your email; they state they will provide the figure manually without using your email for unsolicited marketing.