Property Overview
889 Spruce Street is a 1,109 sqft home built in 1942, situated on a 3,663 sqft lot in Winnipeg's Minto neighbourhood. The data presents a property that is consistently average to above-average within its immediate locale but sits below the broader city averages for size and value, highlighting its position in a mature, established area.
Key Characteristics & Appeal
The primary appeal of this home lies in its solid positioning within the local context. Its living space is notably larger than the average for Spruce Street and is competitive within the Minto area. The lot size is also above the neighbourhood average, offering a good outdoor space for the area. With an assessed value closely aligned with local averages, it represents a typical entry point into this community.
This property would suit a pragmatic first-time homebuyer or an investor looking for a stable, character-home in a long-established neighbourhood. Its metrics suggest it's not an outlier but a representative home on its street, which can offer predictability. A thoughtful perspective is that its "average" standings locally might indicate fewer surprise issues or premium costs compared to more outlier properties, providing a sense of steadiness. The significant gap between its assessed value and the city-wide average for assessed value underscores that it offers an urban lifestyle at a markedly different price point than newer or larger suburban homes.
Frequently Asked Questions
1. Why is there such a large difference between the assessed value and the city-wide average value shown?
The assessed value is for municipal tax purposes and is typically much lower than market value. The city-wide average shown (approximately $390k) is likely an average market value or sale price, not an assessed value, highlighting the affordability of this area compared to the wider city.
2. What does the ranking for "Year Built" mean?
The home was built in 1942. Its ranking shows it is slightly newer than many homes on its street and in Minto, but older than the majority of homes across Winnipeg. Buyers should anticipate the maintenance and potential update needs common to houses of this era.
3. How recent is the sale price data?
The last recorded sale was between 2017, with a price range of $250,000 to $300,000. For the exact sale price and more current market context, you need to request that information directly via the provided email service.
4. Is the living area considered a good size?
At 1,109 sqft, the living area is above the average for both Spruce Street and the Minto neighbourhood, making it a competitively sized home for the area. It is, however, below the city-wide average, which includes many newer, larger suburban properties.
5. What can the "neighbourhood analysis page" provide?
This tool allows you to see the property on a map alongside nearby homes, visually comparing key metrics like year built, lot size, and assessed value. It helps understand the character and consistency of the immediate area.