Property Overview
This home at 964 Strathcona Street in Winnipeg's Minto neighbourhood presents a compelling case for value-focused buyers. Built in 1944, its key appeal lies in its above-average proportions relative to its immediate area. With 1,198 sqft of living space, it offers more room than most comparable homes on its street and in the Minto area. The lot size of 4,482 sqft is a significant standout, placing it in the top 10% for the neighbourhood, suggesting valuable outdoor space and potential.
The home’s assessed value is consistently above average for both Strathcona Street and Minto, yet sits below the city-wide average. This indicates you are getting a relatively larger property for the local market price point. Its last known sale was between $250k-$300k in 2019.
This property would suit a practical buyer looking for a character home with a generous yard, who values space over a modern build. It’s ideal for someone comfortable with a home of this vintage and who sees the below-city-average assessment as an opportunity for entry into the market. A less obvious perspective is that its strong rankings within the hyper-local context (street and neighbourhood) may offer more stability and relevance to daily living than broader city-wide comparisons.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
The living area is above average for both Strathcona Street and the wider Minto neighbourhood. At 1,198 sqft, it provides more interior space than most direct comparables in the area.
2. What is the significance of the large land area?
The lot size of 4,482 sqft is a major feature. It places the property in the top 10% for lot size in Minto, indicating a much larger-than-typical yard for the area, which is rare for homes of this vintage.
3. The assessed value seems low city-wide. Why?
While the assessment is above average for its street and neighbourhood, it falls below the Winnipeg city-wide average. This is common for older homes in central neighbourhoods compared to newer city subdivisions, and often reflects the local market rather than the property's specific condition.
4. What should I consider about a home built in 1944?
A home of this age will likely have classic character but may require updates to mechanical systems like wiring, plumbing, or insulation. A thorough inspection is essential to understand the condition and any needed investments.
5. How can I find out the exact past sale price?
The listed sale price is a public data range. The exact sale price is available by request from the listing service. You can provide your email to receive the precise figure, typically by the end of the same day.