Property Overview: 730 Minto Street, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of space, value, and potential within Winnipeg's Minto neighborhood. Built in 1922, its primary appeal lies in its generous 5,300 sqft lot, which ranks in the top 2% for size within the local area. This offers significant outdoor space and future potential that is rare for the vicinity. The 1,150 sqft living area is comfortably above the local street average, providing ample room.
The property’s assessed value is notably above average for both Minto Street and the wider Minto area, suggesting official recognition of its lot premium and solid structure, though it remains below the city-wide average for value. This creates an interesting position: it's a high-value player in its immediate context but appears more accessible when viewed against the whole city. It would suit a buyer looking for a character home with exceptional yard space, who values the established neighborhood feel and sees potential in a larger parcel of land. It's also a practical fit for those prioritizing lot size over a newer build, understanding that a home of this age may require thoughtful updates.
Frequently Asked Questions
1. What does the "Elite" ranking for Land Area mean?
It means this property's lot size is in the top 2% of all comparable homes in the Minto area, indicating an unusually large and potentially valuable parcel of land for this neighborhood.
2. If the assessed value is above average locally, why is it below average city-wide?
Assessed values are relative. This home holds a premium value within its specific, more affordable neighborhood context. The city-wide average is pulled much higher by assessments in newer suburbs and higher-value districts, making this property competitively positioned in its own market.
3. The home was built in 1922. What should I consider?
While the structure has proven its durability, a home of this age will likely have older mechanical systems (like plumbing and wiring) and may require updates to meet modern efficiency and design standards. A thorough inspection is essential.
4. How reliable is the sold price history shown?
The listed sale price from 2017 is a range based on public data. For the exact historical sold price, you must request it via the provided email service, as this information is verified and delivered manually.
5. The lot is large. Are there any restrictions on what I can do with it?
This is a key question. While the large lot offers potential for additions, gardens, or other structures, you must consult with the City of Winnipeg’s zoning bylaws to understand any development restrictions, heritage considerations, or setback requirements that apply.