Property Overview & Key Characteristics
This one-and-a-half storey home at 328 Brooklyn Street in Winnipeg's King Edward neighbourhood is a compact, historically grounded property. Built in 1918, its 756 sqft living area is modest, ranking below average for both the street and the wider city, positioning it as an entry-point or downsizing option. A key updated feature is its renovated basement, adding functional living space. The home sits on a 2,399 sqft lot, which is relatively standard for its immediate street but smaller than many lots across Winnipeg.
Its primary appeal lies in its affordability and simplicity, underscored by a low assessed value. It represents a practical, no-frills opportunity in a mature neighbourhood. This property would best suit first-time buyers seeking a foothold in the market, investors looking for a manageable rental property, or individuals looking to downsize without the maintenance of a larger home. A thoughtful perspective is that its smaller scale and vintage charm could appeal to those consciously seeking a lower environmental footprint or a lifestyle unburdened by excess space.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 756 sqft, the living area is below the average for homes on Brooklyn Street, in the King Edward area, and across Winnipeg. It is a compact, efficiently sized property.
2. What does the "renovated basement" entail?
The listing confirms the basement has been renovated, but the specific scope and quality of finishes are not detailed. This would be a key point for a home inspection or discussion with the seller.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value for tax purposes is often lower than market value. This home's assessed value is notably low, even compared to nearby averages, suggesting it may be priced for its condition and size, but the final sale price is determined by the market.
4. What are the implications of a 1918 build date?
While the home has historic character, its age means potential buyers should pay special attention to the condition of major systems (like plumbing, electrical, and the foundation) during an inspection, even with a renovated basement.
5. There is no garage; what are the parking options?
The listing specifies no garage. Parking is likely limited to on-street, which is common for older homes in central neighbourhoods. Verifying local parking regulations with the city is recommended.