Property Overview: 602 Goulding Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Goulding Street in the Minto neighbourhood presents a specific and practical value proposition. Its key characteristic is a well-above-average living space (1,209 sq ft) for its immediate area, offering more interior room than most comparable homes on the street and in the Minto area. This is balanced by a smaller, more manageable lot size. Built in 1924, it is a mature character home that aligns with the typical age of housing in this part of Winnipeg.
The appeal lies in this efficient use of space: you get a notably larger house on a smaller parcel. This suits buyers looking for a practical footprint with generous interior space, potentially first-time homeowners or downsizers who prioritize living area over extensive yard maintenance. The assessed value is modest relative to the city-wide average, suggesting a potentially accessible entry point into the market. A thoughtful perspective is that this property represents a "house-focused" rather than "land-focused" investment, where the value is primarily in the developed structure within an established, no-frills community.
Section 2: Frequently Asked Questions
1. How does the lot size impact future potential?
The land area is below average for the street, neighbourhood, and significantly so city-wide. This likely limits opportunities for large additions or new construction, making the existing home's layout and condition paramount.
2. What does the assessed value indicate?
The assessed value ($23,100) is around average for Minto but well below the Winnipeg city average. This typically reflects a lower property tax base but is not a direct market price. It suggests the home is in a more affordable segment of the market.
3. The home is over 100 years old. What should I consider?
While the neighbourhood average year built is 1933, this 1924 home is among the older on the block. A pre-purchase inspection is essential to understand the condition of major aging components like the foundation, plumbing, electrical, and roof.
4. How accurate is the sold price history shown?
The listed sale from 2017 (CA$150k–200k) is a public data range. For the exact historical sale price, you must request it directly via the provided email service, as this information is manually verified.
5. Is the living space configuration modern?
The data confirms generous square footage for the area, but the home's age means the layout may be compartmentalized rather than open-concept. Viewing the property is crucial to see if the space meets your lifestyle needs.