143 Euclid Avenue

Property Overview

143 Euclid Avenue is a spacious, century-old home in Winnipeg's North Point Douglas neighbourhood. Its primary appeal lies in offering significantly more interior space than most homes in the city, presented at an assessed value that is modest for its size. This creates a distinct value proposition for the right buyer.

Key Characteristics & Appeal

This 2,528 sqft home, built in 1914, stands out for its generous living area. It ranks in the top 3% of homes city-wide for size, offering nearly double the square footage of the average Winnipeg home. With an assessed value of $195,000, it is priced above average for its immediate neighbourhood but notably below the city-wide average home value. The lot size is consistent with others in North Point Douglas.

The appeal is rooted in this space-to-price ratio. It suits buyers looking for ample room—such as multi-generational families, home-based business operators, or those simply prioritizing spaciousness over a newer build or certain locations—who are comfortable with a character home in a transitioning area. A thoughtful perspective is that while its value is high for the local area, it may represent a strategic entry point for a large property within the wider city market. The data suggests it’s a home that feels average on its own street but becomes exceptional when viewed in a broader context.

Frequently Asked Questions

1. Why is the assessed value below the city average?
Assessed value is influenced by many factors, including location, property condition, and recent sales in the area. While this home is very spacious, its assessed value reflects the prevailing market values in North Point Douglas, which are generally lower than the Winnipeg average.

2. What should I consider with a home built in 1914?
A home of this age likely has classic character but requires careful attention to foundational elements, wiring, plumbing, and insulation. A thorough inspection is essential to understand the condition and potential maintenance or upgrade costs.

3. How reliable are the sold price ranges shown?
The sold price data is compiled from public sources, not the MLS. The ranges provide a reasonable estimate, but for fully verified and exact historical sale figures, you must request a manual lookup via the website’s provided service.

4. The home is "Elite" for size city-wide but "below average" for value. What does this mean?
This statistical contrast highlights the property’s core dynamic: you are acquiring a home in the top tier for square footage, but its valuation is anchored to its neighbourhood rather than city-wide benchmarks. It emphasizes the importance of location in property valuation.

5. Are the nearby comparison properties similar?
The nearby properties listed are geographically close but vary significantly in size, age, and value. They provide context for the streetscape but are not direct "apples-to-apples" comparables, underscoring the unique size of 143 Euclid within its immediate surroundings.