Property Overview
This home at 717 Garfield Street N in Winnipeg's Minto neighbourhood presents a compelling mix of space, location, and value. Built in 1939, it is a well-established property that stands out within its immediate context.
Key Characteristics & Appeal
The primary appeal of this property lies in its above-average interior space and lot size compared to its direct neighbours. With 1,422 square feet of living area, it ranks in the top 15% on its street and top 12% in the Minto area, offering more room than many nearby homes. The 3,467 sqft lot is also larger than most on the block. This creates a valuable proposition: a home that feels more spacious than its surroundings without a city-wide premium price tag, as reflected in its assessed value being above average for the street and area but below the city average.
Its last known sale was between $350k-$400k in 2022, a price point that performed very strongly against local averages. The home suits practical buyers looking for a character home in a mature neighbourhood who value space and a established streetscape. It’s ideal for someone who prioritizes getting more house and land for their budget within a specific community, rather than chasing city-wide trends. A thoughtful perspective is that this property represents a "big fish in a small pond"—its metrics are strongest when compared to its closest peers, suggesting its value is deeply tied to the desirability and future of the Minto area itself.
Frequently Asked Questions
1. How does this home’s size really compare?
It is notably larger than most homes directly around it. The living area is over 300 sqft bigger than the average on Garfield Street N and in the Minto area, placing it in the top 12-15% locally.
2. The home was built in 1939. What should I consider?
While its age is around average for Minto, it is older than the typical Winnipeg home. Buyers should budget for potential updates to older mechanical systems, windows, or insulation, and consider the charm and character that come with a home of this era.
3. Why is the city-wide assessed value ranking lower?
The assessed value is above average for the street and Minto, but below the Winnipeg average. This primarily reflects the property’s location in a mature neighbourhood versus newer suburbs or more expensive areas, not the home’s condition or size relative to its neighbours.
4. What does the 2022 sale price tell us?
The sale price range of $350k-$400k placed it in the top 4-7% of sales for the area at that time, indicating strong demand and a competitive purchase. It serves as a key recent benchmark for the property’s market value.
5. How can I get the exact historical sale prices?
The site provides sold price ranges based on public data. To obtain the exact sale figures, you must request them via email. The service is manual, with a promised reply by the end of the same day, and your email is not used for marketing spam.