Property Overview: 744 Goulding Street, Winnipeg
Key Characteristics & Appeal
This home at 744 Goulding Street in the Minto neighbourhood is a practical, no-frills property that represents an accessible entry point into the Winnipeg market. Built in 1932, its 715 sqft living area is notably compact, ranking below average for size even on its own street. The lot is a standard city size at just over 3,000 sqft. The assessed value is modest, sitting around the neighbourhood average but well below the city-wide benchmark.
The primary appeal lies in its affordability and its position as a straightforward, lower-maintenance property. It suits first-time buyers or investors seeking a foothold in the city without a large upfront investment. Its smaller size and lot offer manageable upkeep, which could be attractive to downsizers or those seeking a minimalist lifestyle. A thoughtful perspective is that this home’s below-average metrics in a stable neighbourhood like Minto may present an opportunity for value-adding renovations, as it isn’t competing with larger, modernized homes. Its last known sale was between 2007-2017, suggesting a potential long-term owner, which can sometimes mean well-maintained original character or deferred updates—a key point for inspection.
Frequently Asked Questions
1. Is the assessed value the same as the market value?
No. The assessed value of $22,900 is for municipal tax purposes. Market value is determined by what a buyer is willing to pay in the current market, which can be higher or lower. The last known sale price was between $200,000 and $250,000 in 2017.
2. How does the small living area (715 sqft) compare practically?
It is significantly smaller than the average home in Winnipeg (1,342 sqft). This indicates a one-bedroom or compact two-bedroom layout, requiring efficient use of space. It’s best suited for individuals, couples, or those comfortable with a cozy footprint.
3. What does the "Top 77%" ranking for living area mean?
This statistic means the home’s living area is larger than only 77% of comparable homes on Goulding Street. In simpler terms, it is in the smaller 23% of homes on the street. This pattern of being "below average" in size holds true when compared to the wider Minto area and the entire city.
4. Are there any recent sales on the street for comparison?
The provided data references a sale at 779 Goulding Street in 2017, but not for this specific home. To get the exact, verified sale history for 744 Goulding Street, you must request it directly via the email service mentioned on the listing page.
5. What are the implications of a home built in 1932?
Homes of this era often possess solid construction and character but may require updates to electrical, plumbing, or insulation to meet modern standards. A thorough inspection is crucial to understand the condition and potential renovation needs or costs.