Property Overview: 765 Garfield Street N, Winnipeg
Key Characteristics & Appeal
This home at 765 Garfield Street N in the Minto neighbourhood is a classic Winnipeg property that represents a practical entry point into homeownership. Built in 1939, it is a relatively newer home compared to others on its street and in the immediate area, which may suggest updated infrastructure or a different architectural style than many of its neighbours. With 1,100 square feet of living space and a 3,265 sqft lot, its size is very typical for the local context, offering a manageable scale for maintenance.
The primary appeal lies in its established location and straightforward value. The recently sold price range indicates strong, current market activity. A thoughtful perspective is that this home sits in a "sweet spot" for its immediate area—it's not an outlier in size, value, or age, which can mean fewer surprises and a stable investment within a mature community. Its significantly below-average assessed value city-wide highlights the substantial price differential between central, established neighbourhoods and newer suburban areas.
This property would best suit first-time buyers or practical downsizers looking for a no-fuss home in a long-established neighbourhood. It’s for someone who values character and location over brand-new condition and is ready for the stewardship that comes with an older home.
Frequently Asked Questions
1. What does the assessed value tell me about the property taxes?
The assessed value is for municipal tax purposes and is not the market value. At approximately $25,200, it is very typical for the Minto area, suggesting property taxes will be in line with similar homes nearby, but you should verify the current tax amount.
2. The home was built in 1939. What should I be aware of?
While newer than many on its street, an 87-year-old home will likely have older systems. A thorough inspection is essential to check the condition of the roof, wiring, plumbing, and foundation. This era of home may also contain materials like lead paint or asbestos, which require proper management during renovations.
3. How does the lot size compare, and what does it allow?
At just over 3,200 sqft, the lot is standard for the neighbourhood. It provides adequate outdoor space for a garden, patio, or play area but is not large enough for significant expansions or additions without careful planning and zoning review.
4. The sold price history shows a range. How can I get the exact figure?
The exact sold price is not publicly available in Manitoba. As noted on the listing, you must request it directly from the provided service, which manually retrieves and shares the data from non-public sources.
5. The home ranks "below average" city-wide for several metrics. Is this a concern?
Not necessarily. This primarily reflects the nature of comparing a modest, central neighbourhood home against the entire city, which includes newer, larger suburban properties with different valuations. Within Minto and on Garfield Street N itself, the home is consistently around or above average, confirming it is a representative property for its specific, sought-after location.