Property Overview: 354 Amherst Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home on Amherst Street in the King Edward neighbourhood presents a solid, above-average offering for its immediate area. Its key appeal lies in its generous living space and strong value proposition relative to its peers. With 1,288 sqft of living area, it ranks in the top 10% of homes in King Edward, offering more room than most local comparables. This is complemented by a renovated basement and a detached garage. The lot is a comfortable 4,694 sqft, providing good outdoor space for the neighbourhood.
The home’s assessed value consistently ranks well above the local average, suggesting it is a substantial property within its context. While built in 1946, its age is typical for the street. The recent sale history indicates stable market interest. This property would best suit a buyer looking for a character home with updated fundamentals, more interior space than is commonly found, and a established, quiet street. It’s a practical choice for someone who values neighbourhood-relative size and value over a brand-new build.
Frequently Asked Questions
1. How does this home’s size truly compare to others?
While its square footage is around the citywide average, it is notably larger than most homes in the King Edward area and on Amherst Street itself, ranking in the top 10% locally.
2. What does the assessed value ranking indicate?
The home’s assessed value is in the top 7% on its street and top 14% in King Edward. This generally signifies it is considered a higher-value asset within the local market compared to its neighbours.
3. Is the lot size a pro or a con?
The lot is above average for King Edward, offering good private outdoor space for the area. While not as large as some citywide suburban lots, it is a strong feature within this inner-city context.
4. The home was built in 1946. What should I consider?
The age is typical for the area. A renovated basement is a positive update, but a thorough inspection is always recommended to understand the condition of original elements like the roof, wiring, and plumbing.
5. The sold price is shown as a range. Why?
The provided range is based on publicly available data. To receive the exact, verified sold price from the listing service, you can request it via email from the site; they provide this as a manual service to ensure accuracy.