Property Overview: 965 Telfer Street N, Winnipeg
Key Characteristics & Appeal
This 676 sqft home, built in 1958, presents a straightforward opportunity in Winnipeg's Minto neighbourhood. Its key appeal lies in its efficiency and lot size. While the living space is notably compact—ranking well below average for the street, area, and city—the property sits on a 3,373 sqft lot that is larger than most on Telfer Street. This contrast between a smaller home and a relatively generous lot is a defining characteristic.
The home’s assessed value is modest, sitting around the neighbourhood average but below the citywide benchmark. This suggests a lower property tax burden, which is a practical financial consideration. The data indicates it last sold for an estimated $200k-$250k in 2016.
This property would best suit a pragmatic first-time buyer, an investor looking for a manageable rental, or someone seeking a minimal footprint with outdoor space. Its value proposition is not about grandeur, but about fundamentals: a manageable structure on a decent lot in an established area, offering a potential foothold in the market or a canvas for future expansion, given the lot size.
Frequently Asked Questions
1. Is the living area too small?
At 676 sqft, the home is significantly smaller than most comparable properties. It requires efficient use of space and would not comfortably suit a large household or someone needing ample storage.
2. What does the assessed value tell me?
The assessed value of $26,100 is used for calculating property taxes. It is not the market value. This assessment is typical for Minto but low citywide, which generally translates to lower annual property taxes.
3. How does the lot size compare?
The 3,373 sqft lot is a positive standout, larger than many on the same street. This provides more outdoor space than the home's compact size might imply and could be a key asset for gardening, pets, or future additions.
4. What is the neighbourhood context?
The data shows that on Telfer Street and in Minto, this is one of the newer homes (built in 1958), as many neighbouring properties are much older. However, citywide, its age is about average.
5. How can I find out the exact past sale price?
The listed sale price is a public data range. The exact, verified sale price from 2016 can be requested directly from the listing provider via email, as noted in the property details.