Property Overview: 120 Granville Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 120 Granville Street in North Point Douglas is a character property with a practical layout. Built in 1904, it offers 1,450 sqft of living space on a 3,272 sqft lot, placing it above average for size within its immediate neighbourhood. Its assessed value of $196k is notably higher than the North Point Douglas average, suggesting it may offer more substantial improvements or a better condition than many area homes, while remaining significantly below the city-wide average value.
The appeal lies in its position as a relatively larger, established home in an evolving neighbourhood. It suits value-conscious buyers looking for character and space over a modern build, and who are comfortable with an area in transition. It represents an opportunity to own a home with above-average neighbourhood metrics without the premium of a newer suburban property. A thoughtful perspective is that its city-wide rankings—while low for value and year built—highlight its affordability and historic charm, positioning it as a pragmatic entry point into the Winnipeg market, especially for those prioritizing interior space and lot size over a newer construction date.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value of $196k is above the average for North Point Douglas (~$157k), indicating it may be a higher-tier property within the area. On its own street, however, its value is close to the local average.
2. What should I consider about a home built in 1904?
While full of character, a 122-year-old home will likely require a diligent inspection. Potential buyers should budget for updates to older mechanical systems, insulation, and windows, while also appreciating the durable craftsmanship and architectural details of the era.
3. The city-wide assessed value ranking seems low. Is this a concern?
Not necessarily. This primarily reflects that average home values in newer suburban areas are much higher. This ranking underscores the property’s affordability and its location in a historically priced neighbourhood, not necessarily its condition.
4. How recent is the sold price data shown?
The last recorded sale was in February 2016. To obtain fully verified, exact sold prices and a complete transaction history, you must request a manual lookup from the site via email, as they do not display MLS records.
5. Is the living space adequate for a family?
At 1,450 sqft, the living area is larger than most homes in both North Point Douglas and on Granville Street itself. This provides a comfortable amount of space that is competitive with many post-war bungalows found elsewhere in the city.