Property Overview: 35 St Germain Street, Winnipeg
Key Characteristics & Appeal
This home at 35 St Germain Street in Minnetonka presents a compelling mix of space, value, and established neighbourhood character. Built in 1974, its key appeal lies in its efficient use of space. With 1,576 sqft of living area, it ranks in the top 13% for size on its own street and offers more room than the average Winnipeg home. This suggests a well-proportioned layout that maximizes the footprint. The assessed value of $45,300 is consistently above or around average for its immediate area, indicating a solid, mid-range valuation in the market.
The lot size of 5,929 sqft is more compact compared to some neighbours on the street, which may translate to lower maintenance—a potential plus for those seeking a manageable yard. Historical sales data shows steady appreciation, moving from the $350k-$400k range in 2016 to $400k-$450k in 2020.
This property would suit practical buyers looking for a spacious interior without an overly expansive yard. It’s ideal for first-time homeowners or downsizers who prioritize living space over land and appreciate being part of a mature, established neighbourhood where the home itself offers above-average roominess.
Frequently Asked Questions
1. How does the lot size impact this property?
While the land area is smaller than the average lot on St Germain Street, it is closer to the city-wide average. This typically means less exterior upkeep and lower landscaping costs, which can be a benefit for many buyers.
2. What does the assessed value tell me about the property taxes?
The assessed value of $45,300 is used to calculate property taxes. It is consistently in the top third when compared to similar homes locally, suggesting municipal valuation is in line with the home's standing in the area, but buyers should budget for taxes accordingly.
3. Has this home appreciated in value?
Based on available sales history, the home's sold price range increased between 2016 and 2020. This indicates a trend of appreciation, though the exact current market value would require a professional assessment.
4. How does the living space compare to nearby homes?
This is a standout feature. The living area is notably larger than most homes on its street and in the wider city, ranking in the top 13% and 27% respectively. You are likely getting more interior space than many comparable properties.
5. Where can I see more detailed neighbourhood data?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes with comparisons for year built, living area, assessed value, and lot size. This can provide deeper context for the street and area.