Property Overview: 944 Spruce Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 944 Spruce Street in the Minto neighbourhood is a classic Winnipeg property that represents a solid, average offering within its immediate community. Built in 1942, it features 1,072 square feet of living space on a 3,243 sqft lot, with an assessed value of $25,100. The data reveals its true character: while its size, value, and lot are consistently around the median for Spruce Street and the broader Minto area, it stands out as a notably affordable option when viewed city-wide. Its last known sale was in the $250k-$300k range in 2023.
The appeal lies in its established location and practicality. It suits buyers looking for an entry point into a mature neighbourhood without the premium price tag of newer or larger city-wide properties. It’s a home for a pragmatic first-time buyer, an investor seeking a stable rental property, or someone who values community familiarity over standout features. A less obvious perspective is that its "average" metrics within the neighbourhood suggest a predictable and stable investment, insulated from the extremes of the wider market. The modest lot size also implies manageable upkeep, which can be a hidden benefit for those seeking a lower-maintenance lifestyle in a house.
Section 2: Frequently Asked Questions
1. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on municipal valuation for tax purposes and is heavily influenced by the home's age, size, and the average values within the Minto neighbourhood. The significantly higher city-wide average includes many newer, larger homes in different market segments, making this property reflect its more modest, community-specific context.
2. What does the sold price history tell me?
The property sold for an estimated $250,000-$300,000 in 2023. This gives a recent market benchmark. For the exact sale price, you can request details via email from the listing service.
3. Is a home from 1942 a concern?
While the home is older than about 80% of properties city-wide, it is typical for its area, where the average home was built in the 1930s. This suggests the neighbourhood's character and much of its infrastructure are of a similar vintage. A thorough inspection is always recommended to understand the condition of major systems like wiring, plumbing, and the foundation.
4. How does the living space compare?
At 1,072 sqft, it offers more space than the average home on Spruce Street (983 sqft avg.) and is very close to the Minto area average. It provides a comfortable footprint for a small household but is more compact than the typical Winnipeg home.
5. What can I learn from the "neighbourhood analysis" page?
This interactive map allows you to see this property in direct context with its immediate neighbours, comparing year built, lot size, living area, and assessed value. It’s a useful tool to see if the street is uniform or diverse, and to gauge how this specific home fits into the fabric of the block.