Property Overview & Key Characteristics
This one-storey home at 259 Amherst Street is a compact, no-frills property that presents a clear value proposition. Its key appeal lies in being an affordable entry point into Winnipeg's King Edward neighbourhood. With 656 sqft of living space, the house is significantly smaller than average for the city, but it sits on a decent-sized lot of nearly 4,700 sqft, which is above average for the immediate area. The home features a renovated basement and a detached garage.
Its primary suit is for practical, budget-conscious buyers. This includes first-time homebuyers seeking minimal upkeep, investors looking for a straightforward rental property, or downsizers who value a small interior footprint but appreciate the potential outdoor space. The home’s assessed value is modest and in line with the local area, suggesting lower property taxes. A thoughtful perspective is that the generous lot size relative to the house offers a rare opportunity in the neighbourhood for expansion, a garden, or simply more private outdoor space—a potential that isn't reflected in the current living area.
Frequently Asked Questions
1. Is this a small house?
Yes, at 656 sqft, the living area is well below the Winnipeg average. It’s a compact, efficient layout suited for one or two people.
2. What is the real advantage of the lot size?
The lot is nearly 4,700 sqft, which is larger than many in King Edward. This provides more yard space than typical and could be a long-term asset for gardening, adding a deck, or future expansion, subject to permits.
3. How does the assessed value affect property taxes?
With an assessed value around $25,500, which is average for King Edward but below the city average, the property likely carries relatively low municipal property taxes compared to many Winnipeg homes.
4. What should I know about the neighbourhood context?
The home is very typical for its specific street and the broader King Edward area in terms of age, value, and lot size. It’s not a standout, but a solidly average property within that established, older community.
5. Where can I find the exact historical sale price?
The listed sale history shows an estimated range. The exact sold price from February 2019 is available by request via email from the listing service, which they provide manually without using your email for marketing.