Property Overview: 181 Campbell Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This 1,354 sqft home, built in 1932, presents a practical opportunity in the established North River Heights neighbourhood. Its core appeal lies in its efficient scale and relative value. The living space is comfortably sized and aligns closely with averages for both the street and the wider city, suggesting a manageable home without excessive upkeep. Notably, its assessed value of $385k sits below the neighbourhood average, potentially offering a more accessible entry point into this desirable area.
The property’s standout characteristic is its modest 3,002 sqft lot, which is significantly smaller than most in North River Heights and on Campbell Street. This isn't necessarily a drawback; it translates to less yard maintenance, which could be a welcome feature for busy professionals, downsizers, or those seeking a low-maintenance lifestyle without sacrificing interior space. The home would suit a first-time buyer looking for character in a prime neighbourhood, or a pragmatic buyer who prioritizes location and home size over a large garden. Its historical sale prices indicate steady market performance, reinforcing its position as a stable, grounded investment.
Frequently Asked Questions
1. Is the smaller lot size a disadvantage?
It depends on your priorities. While it offers less private outdoor space than many area homes, it significantly reduces landscaping chores and upkeep costs. This can be a major advantage for those seeking a low-maintenance property.
2. How does the assessed value compare to likely market value?
The assessed value of $385k is a municipal figure for tax purposes. It’s below the North River Heights average, which may indicate value, but market value is determined by current buyer demand. Recent sale prices on the street and in the area are important benchmarks to consider.
3. What should I consider with a home from 1932?
While the home has enduring character, its age means a thorough inspection is essential. Pay close attention to the condition of major systems like plumbing, electrical, and the foundation, as updates may be needed or planned for.
4. The data shows past sales in a price range. Can I get the exact figures?
Yes, but the exact sold prices are not published publicly on the site due to industry rules. You can request the precise transaction history via email from the provider, who will manually look up and share the information.
5. How does this home fit within its immediate community on Campbell Street?
The home is very typical for living area and age on its street, but it has one of the smaller lots. This suggests you’re buying into the street’s character and location, but with a property that has a distinctly efficient use of land compared to its neighbours.