Property Overview: 257 Collegiate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 257 Collegiate Street in the King Edward neighbourhood presents a practical and efficient living option. Its key characteristics include a modest 787 sqft of living space, a renovated basement, and a manageable 2,708 sqft lot. Built in 1996, it is a notably newer construction compared to many homes in the area, which often date back to the early 20th century. This suggests potentially fewer immediate concerns with aging infrastructure.
The appeal lies in its position as an affordable entry point into the Winnipeg market. The home's assessed value is solid for its immediate street and neighbourhood, indicating it holds its ground locally. It suits first-time buyers, downsizers, or investors seeking a straightforward, lower-maintenance property without the surprises that can come with much older homes. The renovated basement adds functional living space, appealing to those who need a home office, guest area, or recreational room. A thoughtful perspective is that its smaller scale and newer build could translate to lower utility costs and simpler upkeep, freeing up time and budget for other pursuits.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
At 787 sqft, the living area is below the average for similar homes on its street, in King Edward, and across Winnipeg. It is a compact, efficient layout.
2. Is the assessed value high for the area?
The assessed value is around average for Collegiate Street and above average within the broader King Edward neighbourhood, suggesting the property is viewed favorably in its local context.
3. What is the significance of the 1996 build year?
Built in 1996, this home is significantly newer than many surrounding properties. This can be an advantage, potentially meaning more modern construction standards, materials, and systems than found in the neighbourhood's many pre-1948 homes.
4. What are the outdoor space and parking like?
The property sits on a 2,708 sqft lot, which is below average in size for the area. The listing indicates there is no garage, so parking would be via driveway or street.
5. Where can I find exact historical sale prices?
The provided sold price history shows a range. To obtain the exact sale figures, you must request them directly via the email system provided on the listing page. The service promises a manual reply with accurate data.