Property Overview: 939 Spruce Street, Winnipeg
Key Characteristics & Appeal
This home at 939 Spruce Street is a compact, 728 sqft bungalow built in 1942, situated on a standard 3,374 sqft lot in the Minto neighbourhood. Its core appeal lies in being an accessible entry point into the Winnipeg market, with an assessed value of $230,000 that is notably below the city-wide average. The recent sale in 2024 within the $250k-$300k range confirms its position as a value-oriented property.
The home suits first-time buyers, investors, or downsizers seeking a lower-cost foothold with manageable upkeep. Its smaller size and lot are typical for its immediate street and area, meaning it fits right into the local context without standing out. A thoughtful perspective is that while the living space is modest compared to city averages, this can translate to lower utility costs and less maintenance—a practical advantage for a certain lifestyle. The property’s age (84 years) is actually around the neighbourhood norm, suggesting a mature streetscape but also indicating that a buyer’s priorities should include a thorough inspection and potential budget for updates characteristic of homes from this era.
Frequently Asked Questions
1. Is this a good value for the area?
The assessed value and recent sale price are below the Winnipeg average but are competitive for the Minto area. It represents a more affordable option within the city.
2. What should I consider about the home’s age?
Built in 1942, the home is older than the typical Winnipeg house. Prospective buyers should factor in the potential need for updates to major systems like plumbing, electrical, or the roof, and consider a detailed inspection.
3. How does the lot size compare?
The lot is approximately 3,374 sqft, which is fairly standard for Minto and on Spruce Street. It offers a typical urban yard space but is smaller than the larger lots found in some other parts of the city.
4. Why is the exact past sale price not listed publicly?
Exact sale prices are not always publicly available in Manitoba. The provided range is based on available data, but you can request the precise history by contacting the site via email for a manual lookup.
5. Who would this property suit best?
This home is well-suited for a first-time homebuyer, an investor looking for a rental property, or someone downsizing, all of whom may prioritize a lower purchase price over larger square footage. Its manageable scale is a key feature for these buyers.