Property Overview: 536 Sherburn Street, Winnipeg
Key Characteristics & Appeal
This home on Sherburn Street in the Minto neighbourhood presents a distinct profile. Built in 1912, it is a century-old property, placing it among the older homes in its immediate area and city-wide. This suggests potential for classic architectural charm but also underscores the importance of a thorough inspection to understand the condition of major systems.
Its primary appeal lies in its generous living space. At 1,498 sqft, it offers significantly more room than the average home in both Minto and on Sherburn Street itself, ranking in the top 9% and 18% respectively for the area. This makes it a notably spacious option for its locale. The lot size is consistent with local norms.
The property suits a practical buyer who values interior space over a large yard and is comfortable with the realities and potential of an older home. It would appeal to those looking for a character home in a central neighbourhood without a premium price tag, as reflected in its assessed value which is modest compared to the Winnipeg city average. It’s a home for someone who sees potential in established communities and prioritizes square footage within the house itself.
Frequently Asked Questions
1. What does the assessed value indicate about the property?
The assessed value is around average for Minto and Sherburn Street but is below the city-wide average. This typically reflects the home’s age, the established nature of the neighbourhood, and potentially its condition or features relative to newer suburban homes. It should not be confused with a market sale price.
2. Are there any concerns with a home built in 1912?
While offering character, a home of this age requires careful evaluation. Prospective buyers should prioritize inspections for foundational integrity, plumbing and electrical systems (which may have been updated over time), insulation, and the roof. The maintenance history is key.
3. How does the living area compare in a practical sense?
Ranking in the top 9% for the Minto area, the 1,498 sqft living area is a standout feature. It means this home likely offers more bedrooms, larger rooms, or more functional space than most direct neighbourhood comparisons, which average about 1,060 sqft.
4. What is the significance of the sold price history from 2017?
The last known sale (2017) provides a historical benchmark, but market conditions have likely changed. The "Top 81%" city-wide ranking for that sold price suggests it was a competitively priced transaction at the time. For current value, consult recent comparable sales in Minto.
5. Where can I see more context about the immediate neighbourhood?
The listing references a neighbourhood analysis page that maps nearby properties, allowing you to visually compare this home's lot size, age, and value against its direct neighbours on Sherburn Street and the surrounding blocks.