Property Overview: 366 Amherst Street, Winnipeg
Key Characteristics & Appeal
This one-and-a-half storey home, built in 1946, presents a solid opportunity in Winnipeg's King Edward neighbourhood. With 1,153 sqft of living space and a recently renovated basement, it offers functional space that ranks above average for both its immediate street and the broader area. The lot is a notable asset at 4,695 sqft, providing generous outdoor space that is larger than many lots in King Edward.
The primary appeal lies in its established location and its strong standing relative to local benchmarks. The home's assessed value and living area consistently place it in the top 20-30% of comparable properties on Amherst Street and in the King Edward area, suggesting it is a well-positioned asset in its micro-market. This isn't a sprawling new build, but a character home that holds its own in a mature community.
It would suit a first-time buyer or a practical downsizer looking for a manageable footprint without sacrificing yard space. The renovated basement adds modern utility to the classic layout. A buyer who values neighbourhood character over brand-new condition, and who understands the value of a larger lot in a central area, will see the most potential here.
Frequently Asked Questions
1. How does this home compare to others in the area?
The data shows it consistently outperforms local averages. Its living space and assessed value rank in the top 20-30% of homes on its own street and in the King Edward neighbourhood, indicating it is a above-average property for this specific community.
2. What is the significance of the lot size?
At 4,695 sqft, the lot is larger than the average for King Edward. This is a key advantage, offering more privacy, gardening space, or future outdoor living potential than many neighbouring properties.
3. The home was built in 1946. What should I consider?
While the structure is nearly 80 years old, the renovated basement suggests some updates have been made. A prospective buyer should budget for the maintenance typical of a vintage home and prioritize a thorough inspection of major systems like plumbing, electrical, and the foundation.
4. The last recorded sale was in 2017. Why is the exact price not listed?
The exact sale price is considered private transactional data. The provided range is estimated from public records. You can request the precise figure via the provided email service, which is manually verified.
5. There's no garage. How is parking for this property?
The listing notes no garage. Parking is likely via a driveway or on-street. This is a common feature for homes of this era in Winnipeg and is a typical trade-off for the larger lot size and established neighbourhood location.