Property Overview: 729 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 generous 1,386 sqft living area, which ranks well above average for both its immediate street (top 7%) and the Minto neighbourhood (top 14%). This makes it a notably spacious option in its local context, ideal for buyers seeking more room without moving to the outer suburbs. The lot size of 2,887 sqft is consistent with the area.
Its assessed value is modest compared to the Winnipeg city-wide average, but is competitive within Minto itself. This combination suggests a property that offers good internal space for the price within a specific, established community. The home’s age means potential for character, but also implies a need for diligence regarding updates and maintenance.
This property would suit a practical buyer who prioritizes interior space over a large yard and values being in a central, mature neighbourhood. It’s a fit for someone comfortable with an older home, possibly looking for a project or a layout that offers more square footage than is typical in the area for the price point.
Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1914, the home is older than most in the city. This can mean charming architectural details, but also that major systems (like plumbing, electrical, or the foundation) may need evaluation or updating. Its assessed value reflects this vintage.
2. The living area is large for the area, but the assessed value isn't. Why?
The data shows you get more interior space here than in most nearby homes. The assessed value remains moderate because it also factors in the home’s age, condition, and the generally lower value benchmarks in the Minto area compared to the wider city.
3. What does the sold price history indicate?
The home sold in 2021 and again in 2022, both times in the $250k-$300k range. This recent turnover suggests a marketable property, but it’s worth investigating the reasons for the quick resale through a home inspection and title search.
4. Is the lot size a limitation?
At just under 2,900 sqft, the lot is smaller than the Winnipeg average but standard for the Minto neighbourhood. It provides a typical urban yard for the area. Buyers seeking extensive outdoor space or expansion potential may find it limiting.
5. How does this property compare to its immediate neighbours?
The nearly identical assessed values and close proximity of the neighbouring houses (e.g., 727 and 731 Goulding) indicate a very uniform block. This can provide stable comparable values but less individuality.