Property Overview: 71 Robson Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a distinct profile defined by its century-old charm and generous lot size. Built in 1925, its 834 sqft living space is notably compact compared to modern averages, both in the Mission Gardens neighbourhood and city-wide. However, this is balanced by a substantial 6,287 sqft lot, which ranks well above the area average, offering significant outdoor space and potential.
The primary appeal lies in this land-to-structure ratio. It suits a buyer looking for an established neighbourhood character and who values private outdoor space over a large interior footprint. The assessed value is modest relative to the city, suggesting an entry point into the market. This property would likely suit a pragmatic first-time buyer, an investor interested in land value, or someone seeking a manageable, character home with room for gardens, expansion, or future redevelopment, subject to zoning. It’s a property where the value is arguably more in the land it sits on than in the current structure.
Section 2: Frequently Asked Questions
1. Is the home in need of major updates due to its age?
Given it was built in 1925, buyers should budget for and expect age-related maintenance. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation.
2. How does the lot size compare to nearby properties?
The lot is a key feature. At over 6,200 sqft, it is larger than most in the Mission Gardens area, ranking in the top 20% locally. This is a significant advantage for privacy, outdoor living, or future projects.
3. Why is the assessed value relatively low?
The assessed value of $270k is below city-wide averages. This typically reflects the home's smaller living area, older age, and the methodology used for assessment, which may not fully capture market premiums for lot size in a rising market.
4. What does the sold price history indicate?
Public records show it last sold between $200k-$250k in 2019. The increase to its current assessed value suggests market movement, but for an exact sale price, you must request the data directly from the listing service.
5. Is the living space too small for a typical family?
At 834 sqft, the living area is compact. It would suit individuals, couples, or small families comfortable with efficient living. The generous lot could allow for an addition, but that would require significant investment and approvals.