Property Overview: 689 Strathcona Street, Winnipeg
Key Characteristics & Appeal
This home, built in 1912, is a character property in Winnipeg's Minto neighbourhood. Its primary appeal lies in offering above-average interior space for its immediate area. With 1,226 sqft of living area, it ranks in the top 25% of similar homes both on Strathcona Street and within the Minto area, providing more room than many neighbouring properties. The assessed value is consistent with the local market, positioning it as a practical entry point into the neighbourhood.
The property suits buyers looking for a home with historic charm and who prioritize interior space over a large yard, as the lot is modest compared to the citywide average. It’s a practical fit for first-time buyers, small families, or investors seeking a established character home in a central location. A thoughtful perspective is that its older vintage (1912) means it likely possesses classic architectural details, but also requires a buyer comfortable with the maintenance and potential renovation needs of a century-old structure. Its value is very much anchored in its desirable local context rather than city-wide comparisons.
Frequently Asked Questions
1. How does the assessed value compare to the likely market price?
The assessed value for tax purposes is $26,600, which is aligned with local averages. However, market price is determined by recent sales, buyer demand, and property condition. The last recorded sale was between $200k-$250k in 2021.
2. What should I know about a house built in 1912?
Homes of this age often feature solid construction and classic design elements like original woodwork. Prospective buyers should prioritize inspections for foundational integrity, outdated wiring or plumbing, and energy efficiency, as updates may be needed or ongoing.
3. The lot seems smaller than average. Is that a concern?
The 2,565 sqft lot is typical for the Strathcona Street and Minto area, offering a manageable yard with lower maintenance. It is significantly smaller than the Winnipeg city average, so it may not suit those seeking extensive outdoor space, but it aligns with the neighbourhood's character.
4. How does this home rank for space compared to others?
Its living area is a key strength. It ranks in the top 24% on its street and top 25% in the Minto area, meaning it offers more interior square footage than most comparable nearby homes.
5. How can I find out the exact historical sold prices?
The provided sold price data is a range from public records. You can obtain the exact sale history by contacting the site via the provided email request form, which is manually processed.