Property Overview: 771 Goulding Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 771 Goulding Street in the Minto neighbourhood presents a practical and value-oriented opportunity. Built in 1946, its key appeal lies in its above-average land size for the immediate area—a 3,847 sqft lot that ranks in the top 20% locally—offering more outdoor space than many neighbouring properties. With 764 sqft of living area, the house itself is compact, ranking below the city-wide average for size, which suggests a efficient, manageable footprint.
The assessed value of $250k is positioned around the average for both the street and the Minto area, but falls notably below the Winnipeg city-wide average, indicating a more accessible entry point into the market. This combination creates a specific appeal: it’s a property where the value is anchored more in the land and location than in the size or modernity of the structure. It would suit a first-time buyer, an investor looking for a rental property, or someone seeking a lower-maintenance home with a decent-sized yard without a premium city-wide price tag. A thoughtful perspective is that this home represents the "bones" of a neighbourhood—a well-located, post-war property where the potential lies in the lot and the opportunity to customize over time, rather than in immediate move-in luxury.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to nearby sales?
A nearby, slightly larger home at 779 Goulding Street (1,165 sqft) sold for between $150k-$200k in 2019 and now has a slightly higher assessed value. This suggests 771 Goulding Street’s $250k assessment is in a contemporary, competitive range for the block.
2. Is the living space considered small?
At 764 sqft, it is below the city-wide average. However, it is closer to the average for Goulding Street itself. It’s a compact layout ideal for individuals, couples, or small families comfortable with efficient living spaces.
3. What does the lot size mean for me?
The 3,847 sqft lot is a standout feature, larger than about 80% of lots in the Minto area. This offers valuable outdoor space for gardening, recreation, or future expansion, which is less common in homes at this price point.
4. The home was built in 1946. Should I be concerned?
The age is typical for the area. Being built in 1946 actually makes it newer than many homes on the street and in Minto. A pre-purchase inspection is always recommended to understand the condition of major systems, roof, and foundation specific to this era.
5. How can I find out the exact past sale prices?
The provided sold price history is a range from public data. For precise figures, you can request the exact sold price history directly via email from the listing source, which they provide as a manual, no-spam service.