Property Overview: 727 Goulding Street, Winnipeg
Key Characteristics & Appeal
This home, built in 1914, presents a compelling mix of space, location, and value within Winnipeg's Minto neighbourhood. Its primary appeal lies in its generous living area of 1,452 sqft, which ranks in the top 4% of homes on Goulding Street and the top 11% within Minto. This offers significantly more interior space than many immediate comparables. The property sits on a 2,887 sqft lot, consistent with the area average.
The assessed value is notably modest compared to the city-wide average, which may indicate a lower property tax burden and an accessible entry point into a mature neighbourhood. This combination—above-average interior space for the area at a below-average city-wide value—creates a unique value proposition. It would suit practical buyers looking for room to grow without a premium price tag, those interested in character homes with renovation potential, or investors seeking a property with a strong foundational footprint in an established community.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
This is common for older homes in established, centrally located neighbourhoods. The assessment reflects factors like the home's age (1914) and the modest lot size relative to newer suburban developments, not necessarily the market value or the home's potential.
2. What does the "Elite" ranking for living area mean?
It means this home's interior square footage is larger than 96% of comparable homes on Goulding Street and 89% in the broader Minto area. You are getting more house for your money in this specific locale.
3. Are there concerns with a house built in 1914?
While offering classic charm, a home of this age will likely require diligent maintenance and updates to systems like wiring, plumbing, and insulation. A thorough inspection is essential to understand the condition and any needed investments.
4. How reliable is the sold price range shown (CA$200k–250k in 2021)?
The range is based on available public data. For the exact historical sale price, you can request it via the provided email service, which manually verifies the records.
5. Is the lot size a limitation?
At just under 2,900 sqft, the lot is typical for the street and neighbourhood. It provides adequate outdoor space for a garden or patio but may not suit those seeking extensive yard space. This lot size contributes to the home's efficient, lower-maintenance footprint.