Property Overview: 218 Austin Street N, North Point Douglas, Winnipeg
Key Characteristics & Appeal
This home is a piece of Winnipeg’s history, built in 1898, offering character that newer constructions cannot match. With 1,440 sqft of living space, it provides a comfortable footprint that is notably spacious for the immediate North Point Douglas area. Its assessed value of $191k sits above the neighbourhood average, suggesting it may offer better condition or features than many nearby homes, while representing a more accessible entry point compared to the city-wide average.
The appeal lies in its authenticity and position within a transitioning neighbourhood. It suits a pragmatic buyer—perhaps a first-time homeowner, an investor, or someone seeking a character home without a premium price tag. This buyer values potential over perfection and is comfortable with an older home's realities. A thoughtful perspective is its lot size: at 2,871 sqft, it is smaller than most in the area. This could mean lower maintenance, but it also limits expansion possibilities, making the existing layout and any updates within the footprint particularly important.
Frequently Asked Questions
1. How does the sold price history inform the current value?
The home sold between $200k-$250k in late 2022. This recent sale provides a concrete market benchmark, indicating its value is likely anchored in that range, with adjustments for market changes since.
2. What are the implications of the home being built in 1898?
It offers unique charm but requires diligent inspection for foundational integrity, wiring, plumbing, and insulation. Heritage character comes with the responsibility of maintaining an older structure, which can involve specialized repairs.
3. The assessed value is above the neighbourhood average but below the city average. What does this mean?
This typically indicates the home is a comparatively solid asset within North Point Douglas, but it remains in a more affordable market segment city-wide. It suggests you may get more house for your money here than in many other Winnipeg neighbourhoods.
4. Is the smaller-than-average lot size a significant drawback?
It depends on your goals. It limits large additions or sprawling gardens but can mean less yard work. For someone prioritizing the home itself over outdoor space, it can be an efficient use of property.
5. How reliable is the sold price data provided?
The data is sourced from public records, not the MLS, and is presented in a range for non-members. For verified, exact historical figures, you must request a manual lookup from the site via email, as they do not have access to proprietary MLS sales records.