Property Overview: 259 Berry Street, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in King Edward presents a solid opportunity, particularly for its lot size and neighbourhood standing. Built in 1955, the 1,158 sqft house sits on a notably generous 6,816 sqft lot, which ranks within the top 3% of properties in the King Edward area. This expansive outdoor space is a defining asset, offering rare potential for gardening, expansion, or simply ample private recreation. The home itself features a renovated basement, adding functional living space, and a detached garage.
Its appeal lies in its strong positional value within a established community. The property consistently ranks above average for the street and neighbourhood in key metrics like living area, assessed value, and land size. This suggests a home that is a step above many of its immediate peers in terms of footprint and municipal valuation. It would suit a buyer looking for a manageable single-level layout with a premium-sized lot, whether that’s a first-time homeowner, a downsizer seeking single-floor living with outdoor space, or an investor recognizing the inherent value in the land. The renovated basement adds immediate utility, making it move-in ready for many.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The current assessed value is $34,100. Historical data shows a sale in July 2016 in the range of $27,500 to $30,500. It’s important to obtain the exact sale price and consult a local agent for a current market valuation, as assessed value for tax purposes doesn't always equal market value.
2. What does the "Top 3%" ranking for land area in King Edward mean?
This statistic indicates the property's lot size of 6,816 sqft is larger than approximately 97% of the comparable lots in the King Edward neighbourhood. It’s a standout feature, offering significantly more outdoor space than is typical for the area.
3. Is the house older than others nearby?
At 71 years old (built in 1955), the home is actually newer than many on its street and in King Edward, where comparable homes average build years of 1941 and 1948, respectively. It ranks in the top 19% for year built on Berry Street.
4. What are the implications of a detached garage?
A detached garage offers flexibility—it can be used purely for vehicle storage, workshop space, or storage without impacting the main house's layout. It may also provide more options for future landscaping or garden projects between the house and the garage structure.
5. How can I find out the exact historical sale prices?
The exact sold price history is not publicly displayed in detail. The listing service offers to provide this information manually via email request, with a commitment not to use your contact information for unsolicited marketing.