Property Summary: 417 Amherst Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a spacious lot in King Edward presents a practical and value-conscious opportunity. Its key appeal lies in its balance of a renovated basement, a detached garage, and a land area that is notably above average for the neighbourhood. With 784 sqft of living space, the house itself is compact, positioning it well for those seeking a lower-maintenance footprint without sacrificing outdoor space.
The property suits first-time buyers or downsizers looking for an entry point into a established neighbourhood without a premium price tag. Its assessed value is aligned with area averages, suggesting a fair market positioning. A thoughtful perspective is that this home, built in 1947, is actually newer than many on its street, potentially meaning fewer immediate concerns with some aging infrastructure common to the era. The appeal is grounded in utility and location rather than grandeur, ideal for a buyer who values a solid foundation, a private yard, and the potential to personalize the main living space over time.
Section 2: Frequently Asked Questions
1. How does the property's size compare to the area?
The living area is below the Winnipeg average but is quite typical for the immediate Amherst Street area. The significant feature is the 4,696 sqft lot, which is larger than most in the King Edward neighbourhood, offering more private outdoor space than many comparable homes.
2. What is the property's value history?
Based on available data, the home last sold in April 2016. Its current assessed value of $270,000 is around the average for both the street and the broader King Edward area.
3. Who would this property best suit?
It's well-matched for first-time homebuyers, investors, or downsizers. The renovated basement adds flexible living space or rental potential, while the single-level layout and manageable size appeal to those looking to minimize upkeep.
4. What are the less obvious considerations?
While the basement is renovated, the main floor retains its original 1947 footprint. Buyers should consider plans and budgets for any potential main floor updates. Additionally, the home's "newer" age relative to the street average is a subtle advantage that might reflect in certain building components.
5. How can I get precise historical sale prices?
Exact sold prices are provided upon request via email. This manual process ensures data accuracy and typically receives a reply by the end of the same business day, with no unsolicited marketing use of your contact information.