Property Overview: 803 Goulding Street, Winnipeg
Section 1: Key Characteristics & Appeal
This 756 sqft home, built in 1946, sits on a notably spacious 3,840 sqft lot in the Minto neighbourhood. Its primary appeal lies in its strong positioning within its immediate area. While the living space is compact compared to city-wide averages, the property excels locally with an assessed value and lot size that are well above average for both Goulding Street and the broader Minto area. This suggests a well-regarded, established location with a premium lot.
The home would suit a first-time buyer or an investor looking for a manageable property in a stable, mature neighbourhood. It’s also a candidate for someone valuing outdoor space over interior square footage, offering room for gardening, expansion, or simply more privacy than typical lots nearby. A thoughtful perspective is that its higher local assessment, despite a smaller living area, could indicate desirable intangible factors like a prime spot on the block or a well-maintained streetscape.
Section 2: Frequently Asked Questions
1. Why is the assessed value above average for the street and area?
The assessment is likely higher due to the combination of a larger-than-average lot size for Minto and the property’s specific characteristics or location on the block, which the municipal assessor has valued favorably compared to its neighbours.
2. What does the sold price history indicate?
The home sold between $200,000 and $250,000 in 2020. This range was around the median for both the street and the area at that time, indicating a transaction in line with local market values then.
3. Is the smaller living area a concern?
At 756 sqft, the home is cozy. It’s near the average for Goulding Street but below averages for wider areas. This makes it efficient and manageable, but buyers should verify the layout meets their spatial needs.
4. How does the lot size compare?
The 3,840 sqft lot is a standout feature, being larger than over 80% of lots on the street and in Minto. This is a significant asset, offering more yard space than most comparable properties in the immediate vicinity.
5. What are the implications of the 1946 build date?
Built 80 years ago, this home is newer than many on its street and in Minto. While still an older character home, this suggests potentially updated infrastructure compared to area averages, though a thorough inspection is always recommended to understand its exact condition.