Property Overview: 65 Grove Street, North Point Douglas, Winnipeg
Key Characteristics & Appeal
This is a character home built in 1900, offering a practical footprint of 1,186 sqft on a 3,268 sqft lot in the North Point Douglas neighbourhood. Its core appeal lies in its established location and straightforward value. The home presents a solid, average-sized layout for the immediate area and street, fitting comfortably within the local context of similar properties.
The data reveals a thoughtful perspective: while the home is very typical for its specific neighbourhood in terms of size, value, and lot, it stands out for its affordability on a city-wide scale. Its assessed value of $156k is significantly below the Winnipeg average, positioning it as an accessible entry point into the market. This combination makes it a pragmatic choice for a first-time buyer or an investor seeking a lower-cost property with renovation potential, provided they are comfortable with the upkeep of a 126-year-old structure. It suits someone who values location and lot over modern finishes, seeing the property as a foundation to build upon rather than a turn-key solution.
Frequently Asked Questions
1. How does this home compare to others in the area?
Within North Point Douglas and on Grove Street itself, this property is consistently around average for living space, lot size, and assessed value. It is a very representative example of the housing stock in this specific locale.
2. Why is the assessed value so much lower than the city-wide average?
The assessed value is based on the local market. While it is typical for North Point Douglas, it is well below the Winnipeg average because property values vary greatly between neighbourhoods. This highlights the home’s position as a more affordable option within the broader city.
3. What should I consider with a home built in 1900?
While offering classic character, a home of this age will likely require attention to aging components like wiring, plumbing, insulation, and the foundation. A thorough inspection is essential to understand the scope of any needed maintenance or updates.
4. Can I get the exact historical sale price?
The listed sale price range is based on public data. To obtain the exact, verified sale figure from November 2023, you must request it directly via the email service provided on the listing page.
5. The lot seems smaller than the city average. Is it still usable?
Yes. While the lot is below the city-wide average, it is very close to the average for North Point Douglas. At just over 3,200 sqft, it provides a standard-sized urban yard for the neighbourhood, suitable for gardening, entertaining, or adding a deck.