Property Overview: 190 Syndicate Street, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 190 Syndicate Street in North Point Douglas is a historic property, built in 1899, offering a blend of character and practicality. With 1,110 square feet of living space on a 3,276 sqft lot, its size is very typical for the immediate street and neighborhood, making it a standard offering in this area. The city-assessed value of $123,000 is also in line with local norms, though it sits significantly below the Winnipeg citywide average, highlighting the area's relative affordability.
The primary appeal lies in its position as an entry-point into homeownership or a pragmatic investment. It suits buyers who value historic charm and are prepared for the maintenance that comes with a 127-year-old home, as well as investors looking for a lower-cost rental property. A thoughtful perspective is that its "below average" citywide metrics aren't a drawback here, but rather define its niche: it represents a specific, affordable segment of the Winnipeg market. Its recent sale in mid-2023 suggests it's in active circulation, likely appealing to those seeking value over modern size or finishes.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The property sold between $100,000 and $150,000 in July 2023, which brackets the current $123,000 assessed value. This indicates the assessment is closely aligned with its recent market activity.
2. Is the house unusually old for the area?
While very old by citywide standards, it's not an outlier locally. On its street, it ranks in the older third (top 83%), and in North Point Douglas, many homes are from a similar early-era build period.
3. What does the lot size mean for potential expansion or outdoor space?
At 3,276 sqft, the lot is slightly smaller than direct neighbors but average for the area. It provides modest outdoor space but may present limitations for large additions compared to the much larger average lot citywide.
4. Are the property taxes likely to be high?
No. Property taxes are based on the assessed value. With an assessment significantly below the Winnipeg average, the municipal tax burden should be proportionally lower.
5. How can I get the exact historical sale price?
The exact sold price is not publicly displayed due to data source rules. You can request the precise figure via email from the site, which will provide a manual lookup of the verified transaction history.