Property Summary: 89 Granville Street, Winnipeg
Key Characteristics & Appeal
This home at 89 Granville Street in North Point Douglas presents a solid, mid-century property built in 1949. With 1,253 square feet of living space, it offers a practical layout that is very typical for its immediate street and neighborhood, fitting right in with the local housing stock. The lot size of 3,281 square feet is notably above average for the street, providing more outdoor space than many direct neighbors.
The primary appeal lies in its strong standing within the local context. Its assessed value of $231,000 ranks well above average for both Granville Street and the broader North Point Douglas area, suggesting it is a higher-quality or better-maintained home within its community. This creates an interesting value proposition: it’s a leading property on its block in a neighborhood that is itself more affordable compared to the Winnipeg city-wide average. This dynamic makes it a compelling option for value-conscious buyers seeking a "best house on the block" scenario, potentially offering more stability or upside within the area. It would suit a first-time homebuyer, an investor looking for a character property with a reasonable lot size, or someone committed to the evolving North Point Douglas community who wants a home that stands out locally without a city-wide premium price tag.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold between $200,000-$250,000 in May 2020. Its current assessed value of $231,000 falls within that range, indicating the assessment is closely aligned with its recent market transaction.
2. Is the lot size a significant advantage?
Yes, particularly on this street. The lot is larger than most immediate neighbors', ranking in the top 21% on Granville Street. This allows for more private outdoor space, potential landscaping, or future additions like a garage or deck, which many nearby properties may not have room for.
3. The home is older. What should I consider?
Built in 1949, it is newer than many area homes but will still likely have the characteristics of its era. Prospective buyers should budget for potential updates to systems like wiring, plumbing, or insulation, and consider a thorough inspection to understand the condition of the original structure.
4. What does its "above average" value ranking in the neighborhood mean?
While its assessed value is below the Winnipeg city average, it ranks in the top 9% for North Point Douglas. This typically indicates the property is in better condition, has more features, or is larger than most homes in the direct area. It suggests you are looking at one of the neighborhood's more substantial properties.
5. How can I get the exact historical sale price?
The exact sale price is not publicly displayed online due to industry regulations. You can request the precise sales history by emailing the site directly; they will provide the verified figures manually at no cost and without using your email for marketing.