Property Overview
This home at 172 Campbell Street in North River Heights presents a compelling mix of space, location, and value. Built in 1947, it sits on a generous 6,005 sqft lot, which is notably larger than most in its immediate area and neighbourhood. With 1,656 sqft of living space, the house offers more room than many comparable homes on its street and across Winnipeg. Its current assessed value of $396,000 positions it as an accessible entry point into this established area, especially when compared to higher average values in the wider North River Heights community.
The appeal here is grounded in practical advantages. The above-average lot size is a standout feature for buyers interested in gardening, outdoor living, or future expansion. While the home itself is of a vintage common to the area, its living space is spacious for the street, suggesting a well-sized layout. It would particularly suit first-time buyers or downsizers seeking a character home in a central neighbourhood without the premium price tag of some nearby streets, or value-focused buyers who see potential in the land and the solid square footage. A thoughtful perspective is that this property represents a balance: you're acquiring a land-strong asset in a desirable neighbourhood, while the house itself may present a canvas for updates tailored to personal taste.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home sold between $350,000–$400,000 in late 2016. The current $396,000 assessment is closely aligned with that past sale range, suggesting stable value. It remains below the current average assessed value for North River Heights as a whole.
2. Is the lot size a significant advantage?
Yes. The lot is in the top 11% for size both on Campbell Street and in North River Heights. This is a tangible asset, offering more private outdoor space than most neighbours and potential that smaller lots do not have.
3. What does the "below average" assessment ranking for the area mean?
While the assessment is around average for the city and its own street, it ranks in the top 75% (meaning it's lower than 75% of homes) in North River Heights. This indicates the property is more affordably priced than many in this popular neighbourhood, which can be an opportunity for buyers.
4. How old is the house, and what should I consider?
Built in 1947, the home is typical for the area. Buyers should budget for expected maintenance and potential updates common to houses of this era, such as windows, roofing, or mechanical systems, while also appreciating the character and build quality often found in homes from this period.
5. Where can I get verified historical sale data?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact sale history by email, and the service will provide the figures manually without using your contact information for marketing.