Property Overview: 738 Goulding Street, Winnipeg
Key Characteristics & Appeal
This home at 738 Goulding Street in the Minto neighbourhood is a practical, no-frills property that presents a clear value proposition. Built in 1925, it’s a century-old character home with a modest 832 square feet of living space on a standard 3,183 sqft lot. Its primary appeal lies in its affordability and position as a relative value within its immediate area. The home’s assessed value is consistently below average—whether compared to its street, neighbourhood, or the wider city—suggesting a lower entry point for buyers.
The property suits first-time buyers or practical investors looking for a foothold in the market without a premium price tag. Its smaller size and vintage mean it’s ideal for those comfortable with a cozy layout and potential heritage charm, but it may also appeal to someone viewing it as a long-term hold or a candidate for incremental updates. A thoughtful perspective is that while its size is below the city average, it is relatively competitive within Minto itself, indicating you’re paying for location over square footage. The lot size is also typical for the area, offering standard outdoor space without the maintenance burden of a larger yard.
Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the property’s specific attributes—like its smaller size and age—relative to all Winnipeg homes. It reflects a valuation for a modest, older home in a neighbourhood where property values are generally more affordable than the city median.
2. How does the sold price history work?
The listed sold price (e.g., CA$150k–200k in 2017) is a range based on available public data. To obtain the exact historical sale price, you can request it via email from the listing service; they provide this detail manually without using your email for marketing.
3. What does the "Top XX%" ranking mean for each feature?
These rankings show how this property compares to a group of "comparable homes." For example, living area is in the "Top 48%" on its street, meaning it’s larger than 48% of similar homes on Goulding Street. It’s a relative performance indicator, not an absolute grade.
4. Is the older year built (1925) a concern?
A home from 1925 comes with the character and potential solid construction of its era, but it also means systems like wiring, plumbing, and the roof may be older or have been updated over time. A thorough inspection is essential to understand the condition and any needed maintenance.
5. How can I see this property in context with its neighbours?
You can use the provided "Open neighbourhood map analysis" link to view an interactive map. This tool allows you to compare this home directly with nearby properties on metrics like year built, lot size, and assessed value.