Property Overview: 612 Goulding Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home on Goulding Street in the Minto neighbourhood presents a distinct profile. Built in 1914, it’s a character property with a smaller, efficient lot. Its primary appeal lies in its above-average interior space relative to its immediate area. With 1,224 sqft of living area, it ranks in the top 20-26% for size compared to homes on its street and in Minto, offering more room than many neighbouring properties. This creates a value proposition of more house on less land.
The assessed value is consistent with local norms for the street and area, but sits well below the city-wide average, indicating its affordability within the broader Winnipeg market. The lot size is compact, which suggests lower maintenance but less private outdoor space.
This property would suit a pragmatic first-time buyer or an investor looking for a character home with generous interior space in an established neighbourhood, without the upkeep of a large yard. It’s less suited for those prioritizing a modern build year, expansive outdoor space, or a lot size that ranks highly city-wide.
Section 2: Frequently Asked Questions
1. What does the "above average" living area ranking actually mean?
It means this 1,224 sqft home is larger than most directly comparable homes on Goulding Street and in the Minto area, where average sizes are 939 sqft and 1,060 sqft, respectively. You get more interior space than is typical for this specific location.
2. Is the low city-wide ranking for assessed value a concern?
Not necessarily. It primarily reflects that assessed values in this area are significantly lower than the Winnipeg city-wide average (around $390k). The value is typical for Minto, suggesting it’s priced in line with its neighbourhood market.
3. How much should the 1914 build year factor into my decision?
It signifies a character home that will likely have the charms and potential challenges of its era. While it ranks as an older home even for its street, it’s around the average age for the wider Minto area. A thorough inspection is essential to understand the condition of major systems.
4. The lot is smaller than average. What are the implications?
The 2,411 sqft lot is below average for the street, area, and city. This translates to lower exterior maintenance, but also limited private yard space and potentially less room for expansions like additions or large decks.
5. Where can I see more context about this property’s location?
You can open the neighbourhood analysis page to view this home on a map alongside nearby houses, comparing details like year built, living area, and lot size directly with its neighbours.