Property Overview: 708 Goulding Street, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition centered on space and location. Built in 1914, its primary appeal lies in its above-average living area (1,254 sq ft) for both its immediate Minto neighbourhood and the surrounding area, offering more interior room than many comparable local homes. The lot size is typical for the area, providing a standard urban yard.
The property’s significantly lower assessed value is its most defining financial characteristic. This suggests a potentially accessible entry point into the market, but it also implies the home is likely a candidate for modernization or may require investment. It suits practical, value-oriented buyers such as handy first-time homeowners willing to take on a project, or investors looking for a character property with renovation upside in an established neighbourhood. The appeal is less about immediate move-in perfection and more about securing above-average space at a below-average price point, with the understanding that updates may be part of the journey.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
A significantly lower assessment often reflects the home’s older age (1914) and condition relative to the broader market. It typically indicates that the property has not been recently or extensively renovated, and valuations are based on its current state rather than potential.
2. The living area is noted as "above average." How does that feel in practice?
At 1,254 sq ft, the home offers more interior space than many in the immediate vicinity. For the neighbourhood, this means a sense of roominess that is less common, potentially featuring larger bedrooms, more functional common areas, or a more practical layout than newer, more compact builds in the area.
3. What should I consider about a home built in 1914?
While offering classic character, a home of this age requires careful attention to foundational upkeep, the state of original plumbing and electrical systems, and energy efficiency. A thorough inspection is essential to understand the balance between charming original features and necessary updates.
4. How does the lot size compare, and what does it allow for?
The lot is fairly standard for the Minto area but is below the Winnipeg city average. It provides adequate outdoor space for a garden, patio, or parking but may not accommodate large additions or extensive landscaping projects without creative planning.
5. How can I find out what this or similar homes have actually sold for?
The exact sale price history for this specific address is not publicly displayed. You can request this information directly via the email option provided on the listing page; the service manually provides accurate historical data upon request.