Property Overview: 287 Campbell Street, Winnipeg
Key Characteristics & Appeal
This home at 287 Campbell Street in North River Heights presents a compelling blend of space, value, and established neighbourhood character. Its primary strength is its generous 1,860 sqft of living area, which ranks in the top 11% of homes on Campbell Street and offers significantly more space than the average Winnipeg home. This spaciousness is paired with an assessed value of $475k, which sits above average for the city overall, suggesting a solid value proposition for the square footage offered.
The appeal lies in this balance: you acquire a well-sized, character home from the late 1930s in a desirable area without the premium lot size often associated with such neighbourhoods. The lot of 3,961 sqft is notably smaller than others on the street and in the area, which can be seen as a trade-off. For some, this means less yard maintenance, while for others, it may limit expansion potential. The home last sold in late 2022, providing a relatively recent market benchmark.
This property would suit buyers prioritizing interior space over expansive outdoor grounds, and who value the mature, tree-lined setting of North River Heights. It’s ideal for those seeking a character home with room to grow, who are comfortable with the upkeep of an older property (built 1938), and who appreciate a valuation that is competitive city-wide.
Frequently Asked Questions
1. How does the smaller lot size impact the property's value and usability?
While the lot is smaller than most in the immediate area, this is likely reflected in the assessed value. It offers a manageable yard with less maintenance, but may not suit those dreaming of extensive gardens, pools, or large additions.
2. The home was built in 1938. What should I consider regarding its age?
While the structure is sound, a home of this age may have older mechanical systems (like plumbing or electrical), windows, or insulation. A thorough inspection is essential to understand the condition and plan for any updates, which can be an opportunity to customize.
3. The assessed value is above the city average. What does this mean for property taxes?
A higher assessed value typically leads to higher property taxes compared to an average-priced home in Winnipeg. It’s advisable to budget for this ongoing cost, which is a trade-off for the location and above-average living space.
4. How reliable is the sold price data from 2022 shown here?
The provided sold price range is based on publicly available data, not the MLS. For fully verified and exact sale history, you must request a manual lookup from the site, as noted in the data disclaimer.
5. Are comparable homes on the street very different?
Yes. Listings for nearby homes on Campbell Street show a wide range in size and value, from 808 sqft to over 1,600 sqft. This indicates a diverse streetscape where this property stands out for its larger living area, even if its lot is more compact.