Property Overview: 354 Campbell Street, Winnipeg
Key Characteristics & Appeal
This 1,378 sqft home, built in 1930, sits on a 4,499 sqft lot in North River Heights. Its core appeal lies in a strong assessed value relative to its size and location. With an assessment of $495k, it ranks in the top 20-30% of homes on its street and city-wide for value, suggesting a well-regarded property in its market segment. The living space is comfortably average for the immediate area, making it a practical family home rather than an oversized one.
The property would suit buyers looking for an established character home in a mature neighbourhood, who prioritize value retention and location over having a newer build or the largest lot on the block. A thoughtful perspective is that its above-average assessment on a smaller-than-average street lot could indicate desirable updates, a premium layout, or exceptional condition that compensates for the lot size. It represents a solid, middle-ground option—not the newest or largest, but a home with proven value in a sought-after area.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold in the $350k-$400k range in 2020 and 2016. The current $495k assessment is significantly higher, which may reflect market appreciation, improvements, or the municipality's valuation approach. It's advisable to request the exact sale history and compare it to current local market conditions.
2. Is the smaller lot size a concern?
At 4,499 sqft, the lot is below average for both Campbell Street and North River Heights. This likely means a smaller yard. For some, this is a trade-off for less maintenance; for others, it may be a limitation for gardening, expansions, or privacy.
3. What should I consider with a 96-year-old home?
Built in 1930, the home is older than most on its street and in Winnipeg. This often brings character and solid construction, but it necessitates a thorough inspection focusing on the age and condition of major systems like plumbing, electrical, roofing, and the foundation.
4. How does this home rank within the neighbourhood?
The data shows a mixed ranking: above average for value, average for living area, and below average for lot size and year built. This profile is typical of a well-kept, older home on a modest lot in a prime area—its value is driven more by the home itself and the location than by its land or newness.
5. How can I verify the exact historical sale prices?
The displayed prices are broad ranges from public records. For fully verified and exact sale figures, you must request a manual lookup via the website's provided email service, as this data is not sourced from the MLS.