Property Overview: 311 Amherst Street, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in King Edward presents a solid opportunity in the city's core. Its primary appeal lies in a combination of above-average space and value within its immediate neighborhood. With 918 sqft of living area and a recently renovated basement, the home offers functional space that ranks in the top quarter for size on Amherst Street itself. The lot is a significant asset, at 4,698 sqft, providing ample outdoor space that is larger than most in both the local area and the wider neighborhood.
The home suits practical buyers looking for character and space without a premium city-wide price tag. It’s ideal for a first-time homeowner who values a larger yard over a brand-new build, or an investor attracted by the strong assessed value relative to nearby streets. A thoughtful perspective is that while the home’s size is below the city average, its metrics are consistently stronger within its own community, suggesting it’s a standout property on its block rather than in the broader market. The detached garage adds practical storage or workshop potential, complementing the generous lot.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home sold in July 2024 for an estimated $38.50k–$41.50k. This sale price ranked in the top 5% for the King Edward area at that time, indicating it was a premium transaction for the neighborhood.
2. Is the lot size typical for the area?
No, the lot is larger than typical. At 4,698 sqft, it ranks in the top 19% on Amherst Street and the top 24% within the wider King Edward neighborhood, offering more outdoor space than most comparable properties.
3. What should I know about the home’s condition given its age?
Built in 1941, the home’s age is average for its immediate area. While the basement has been renovated, a prospective buyer should factor in the potential maintenance and updating common to homes of this era, balanced against the character and established neighborhood feel.
4. How does the living space compare?
The living area is above average for Amherst Street but below the Winnipeg city average. This highlights a key consideration: the home feels spacious and well-sized within its local context but is more modest compared to newer suburban developments.
5. Where can I get the exact historical sale price?
The exact sold price is not publicly listed. The listing service offers to provide this precise figure directly via email upon request, with a manual process aimed at a same-day response.