Property Overview: 384 Brooklyn Street, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1912, offering a practical footprint of 797 square feet on a 2,395 sqft lot in the King Edward neighbourhood. Its key characteristic is its relative affordability and modest scale within its immediate area. The home’s primary appeal lies in its renovated basement, presenting an opportunity for additional living space or rental income, and its position as a relatively average property on its own street in terms of size, value, and land. This creates a grounded, entry-level option without the premium often attached to larger or newer homes in wider comparisons.
The property suits first-time buyers or investors looking for a straightforward, lower-maintenance home in a central Winnipeg neighbourhood. It’s particularly suited for those who prioritize function and location over size, and who see value in a finished basement to extend the usable space. A thoughtful perspective is that while the home is older and below the city averages for size and lot, its metrics are much more aligned with its direct neighbours, suggesting it fits comfortably within the existing community fabric and may represent a realistic, less competitive point of entry into the market.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 797 sqft, the living area is close to the average for Brooklyn Street itself (~930 sqft) and the King Edward area (~952 sqft). City-wide, however, it is notably smaller than the average home.
2. What does the assessed value indicate?
The assessed value of $21,600 is around the average for the street and neighbourhood. This suggests the property is priced consistently with its immediate surroundings, not as a standout high or low value.
3. Is the older age (1912) a concern?
The home is older than most on its street and in the city. This typically means potential for character but also warrants a thorough inspection for updates to major systems like wiring, plumbing, and the foundation.
4. What are the possibilities with the lot?
The lot is a manageable size for the area. While not large enough for major expansions, it provides adequate outdoor space for a garden or patio. Its smaller scale also means lower maintenance.
5. Where can I find the exact historical sale prices?
The listed sale price ranges are based on public data. To obtain the precise sale price history, you can use the email request feature provided on the listing page for a manual, prompt response.