Property Overview: 238 Austin Street N, North Point Douglas, Winnipeg
Section 1: Key Characteristics & Appeal
This home stands out in its North Point Douglas neighbourhood for its generous proportions. With 2,318 sqft of living space, it ranks in the top 4% of area homes for size, offering significantly more room than the local average. The lot is also sizable at 5,466 sqft, placing it in the top 10% of the neighbourhood, providing ample outdoor space. Built in 1932, it is a character home typical of the area's historic housing stock.
The primary appeal lies in its value proposition within the immediate community. The assessed value of $222k is above average for both the street and the neighbourhood, yet it represents a substantial value when considering the amount of living and land space offered. This creates an opportunity for buyers seeking a spacious, classic home without the premium price tag found in many other city districts. It last sold between $200k-$250k in late 2021.
This property would best suit practical buyers who prioritize interior and yard space over a newer build or a central-city location. It’s a strong fit for extended families, those needing a home office or workshop, or value-conscious investors looking at the North Point Douglas area. The data suggests a buyer comfortable with a home that requires personalization and who sees the potential in a property that outperforms its local peers on key metrics like size.
Section 2: Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
While the assessed value of $222k is above average for the neighbourhood, it is well below the city-wide average. Sale prices are influenced by market conditions, property condition, and renovations not fully captured in assessments. The previous 2021 sale price provides a recent benchmark, but a current market evaluation is essential.
2. What should I consider with a home built in 1932?
Homes of this era offer character and solid construction but may require updates to mechanical systems (like plumbing, wiring, or heating) and insulation to meet modern efficiency standards. A thorough inspection is crucial to understand the condition and plan for any necessary investments.
3. How does the property rank compared to others in the city?
Its rankings tell a clear story: it is elite for living space (top 5% city-wide) and average for land size, but its assessed value is in the bottom 12% of the city. This highlights its niche: exceptional interior space for the money, set on a standard city lot in a neighbourhood with lower average property values.
4. What is the neighbourhood context of North Point Douglas?
The data shows the home is a standout within this community for size and value. Buyers should research the neighbourhood's character, amenities, and future development plans directly to ensure it aligns with their lifestyle and long-term goals.
5. How can I get the exact historical sold price?
The exact sale price is not publicly displayed due to industry regulations. You can request the precise figures by emailing the site directly for a manual lookup, which they provide without using your email for marketing.