Property Overview
This home at 145 Mcfarlane Street N is a compact, early-1900s residence in Winnipeg's North Point Douglas neighbourhood. Its key appeal lies in being an affordable entry point into the city's housing market, with an assessed value significantly below the Winnipeg average. The 912 sqft living space is modest, ranking below average for size both on its street and in the wider city, suggesting a efficient, manageable layout. The lot is also smaller than most. However, its value is very much in line with other homes in its immediate area and street, indicating a fairly priced property within a historic, central community. It last sold in 2021.
This property would suit a first-time buyer, an investor, or someone seeking a lower-maintenance footprint who values location over size. Its below-average citywide tax assessment could be a financial advantage. Buyers should be prepared for the character and potential upkeep considerations of a 122-year-old home, balanced by the opportunity to own in an established neighbourhood without the premium price of newer or larger homes.
Frequently Asked Questions
Is this a small house?
Yes. At 912 square feet, the living area is below the average for the street, the North Point Douglas area, and Winnipeg overall. It represents a compact, efficient floor plan.
How does the assessed value compare?
The $145,000 assessment is very close to the average for Mcfarlane Street N and North Point Douglas. However, it is notably lower than the citywide average of approximately $390,000, highlighting this area's relative affordability.
What should I know about the age of the home?
Built in 1904, the home is over a century old. This is typical for its street and area, but it makes the home significantly older than the average Winnipeg house. Prospective buyers should factor in potential maintenance or updates common with historic properties.
Is the lot size a concern?
The 2,907 sqft lot is smaller than most on the street and in the city. This means less outdoor space to maintain but also less private yard area. It's a practical lot for a compact home.
Where can I get exact historical sale prices?
The site provides sold price ranges for context. Due to data licensing rules, exact sale figures are not published publicly. You can request the full transaction history via email through the site's provided service for verified details.