Property Overview: 230 Waterloo Street, Winnipeg
Key Characteristics & Appeal
This home at 230 Waterloo Street in North River Heights is a classic, century-old property (built 1922) that presents a balanced opportunity. With 1,424 sqft of living space and a 4,821 sqft lot, its size is comfortably average for both the neighbourhood and the wider city. Its assessed value of $477k sits around the average for North River Heights but is notably above the Winnipeg citywide average, suggesting a premium for its established location.
The primary appeal lies in its position within a desirable, mature neighbourhood. The home is older than most on its street and in the area, which could attract buyers charmed by character and potential, or signal a need for updates. It suits a practical buyer who values location over sheer size—someone looking for a solid entry into a sought-after community without a sprawling footprint. It’s a property where the land and location in North River Heights contribute significantly to its value, making it a sensible choice for those prioritizing long-term neighbourhood equity over modern square footage or a brand-new build.
Frequently Asked Questions
1. How does this home’s value compare to others in Winnipeg?
The home’s assessed value is above the citywide average, ranking in the top 24% compared to all Winnipeg properties. This indicates you are paying a premium for its specific location in North River Heights.
2. Is the house unusually old for the area?
Yes. Built in 1922, it is older than 96% of homes on Waterloo Street and 86% of homes in North River Heights. Buyers should be prepared for the potential maintenance or updating that can come with a century-old home.
3. What was the previous sale price?
Public records indicate it sold between $300k and $350k in August 2016. For verified, exact historical sale figures, you can request a manual lookup via email on this site.
4. Is the lot size a constraint?
The lot is smaller than average for Waterloo Street but is typical for North River Heights as a whole. It provides standard yard space for the neighbourhood without being overly expansive.
5. How accurate is this data?
The metrics come from public assessment and sale records. While reasonably reliable, sold price data is not from the MLS and is presented in ranges. For precise transaction history, the manual email lookup service is recommended.