Property Overview: 861 Dominion Street, Winnipeg
Key Characteristics & Appeal
This 1,022 sqft bungalow on a 3,643 sqft lot in Minto presents a compelling, grounded opportunity. Built in 1953, its standout characteristic is its relative modernity for the area—it ranks in the top 2% newest homes on Dominion Street and the top 9% in the wider Minto neighbourhood, where many homes date back to the 1930s. This suggests potentially fewer immediate concerns with aging infrastructure compared to its peers.
The home’s appeal lies in its balanced positioning. It offers above-average assessed value for Minto (top 20%), indicating solid municipal valuation relative to the local market, while the living space is comfortably in line with area norms. The lot size is generous for the neighbourhood (top 30%), providing valuable outdoor space that is less common citywide.
This property would suit practical, value-conscious buyers. It’s ideal for a first-time homeowner seeking a manageable, post-war home in an established area, or an investor looking for a character property with a stronger relative age profile than its immediate competitors. It’s less suited for those seeking a large, modern floor plan or a sprawling yard by suburban standards.
Frequently Asked Questions
1. What does the "Elite" ranking for Year Built actually mean?
It means this 1953 home is among the very newest on its street. Most comparable homes on Dominion Street average a build year of 1933, making this property two decades newer than many of its direct neighbours.
2. The city-wide assessed value seems low. Is this a concern?
The city-wide average (approx. $390k) includes all property types and newer suburbs. The more relevant figures are the local ones. Its assessment is above average for the Minto area, which aligns more closely with the home’s likely market context.
3. How recent is the sale price data?
The home sold between 2023-2025 for an estimated $300k-$350k. For the exact sale price and date, you can request the information via email from the listing source.
4. Is the living area small?
At 1,022 sqft, it is slightly below the city average but is very typical for the Minto neighbourhood, where it ranks almost exactly in the middle. It represents the standard, efficient footprint for a bungalow of this era.
5. What are the implications of the lot size rankings?
The lot is above average for Minto, offering more private outdoor space than many area properties. However, it is below the city-wide average, which is skewed by larger lots in newer subdivisions. This is a quintessential inner-city lot: useful and private, but not vast.