Property Overview: 311 Campbell Street, North River Heights, Winnipeg
Key Characteristics & Appeal
This home at 311 Campbell Street is a classic North River Heights property built in 1930, offering a blend of established neighbourhood character and practical metrics. With 1,336 square feet of living space, it sits comfortably within the average range for its street and the wider city, suggesting a practical layout for a small family, couple, or individual. Its assessed value of $418,000 is notably solid citywide, positioning it as a financially stable option within the broader Winnipeg market.
The appeal here is one of balance and location. The lot, while smaller than many in the immediate area at 4,141 square feet, offers manageable outdoor space with less maintenance—a subtle advantage for those seeking a established neighbourhood feel without the yard work of a larger plot. The home’s age places it among the older homes on the block, which can appeal to buyers charmed by pre-war architecture and potential character details, though it may imply a need for updates. Recent sale history indicates steady market interest.
This property would best suit a buyer looking for a grounded entry into a desirable, central neighbourhood like North River Heights. It’s a practical choice for someone who values location over sheer size, and who may see the smaller, manageable lot and average interior space as an opportunity to customize without being overwhelmed. It’s less suited for those seeking a very large yard or a brand-new, turn-key home.
Frequently Asked Questions
1. How does the lot size compare, and what does it mean for me?
The lot is 4,141 sq ft, which is smaller than many on Campbell Street and in North River Heights. This typically means less yard maintenance and potentially lower landscaping costs, but also less private outdoor space.
2. The home was built in 1930. Should I be concerned about major issues?
Any home of this age will have had updates over time. Its age suggests potential for classic architectural charm but makes a thorough inspection crucial to understand the current state of major systems like plumbing, electrical, and the foundation.
3. The assessed value seems high for the area but low for the city. Why?
The $418,000 assessment is above the city-wide average but below the average for North River Heights. This reflects the neighbourhood’s overall desirability and higher property values, while positioning this specific home as a relatively more accessible option within that sought-after area.
4. What does the recent sale history tell us?
The home sold in July 2022 and previously in August 2019. This recent activity shows consistent market demand for the property. The sold price ranges suggest appreciation between those sales, aligning with broader market trends of the time.
5. Is the living space suitable for a family?
At 1,336 sq ft, the living area is around the city average. It can work well for a small family or couple. It’s advisable to review the room count and layout specifically to ensure it meets your needs for bedrooms and common areas.