Property Overview: 364 Campbell Street, Winnipeg
Key Characteristics & Appeal
This home at 364 Campbell Street in North River Heights presents a compelling mix of established character and relative value. Built in 1930, it is an older home on a modestly sized lot for the area, yet it holds a strong assessed value that outperforms averages on its street and city-wide. With 1,084 sqft of living space, it offers a more compact footprint compared to many area homes, which can be an advantage for those seeking lower maintenance without sacrificing location.
The primary appeal lies in its position within a desirable, established neighbourhood. The data suggests you are paying a premium for the location on Campbell Street itself, where the home's value ranks in the top 29%. This indicates a well-regarded spot within North River Heights. It suits buyers looking for an entry point into a mature neighbourhood who are comfortable with a home from the 1930s, possibly seeing it as a candidate for updates over time. It’s also a practical fit for smaller households or those who prioritize a shorter list of outdoor chores, given the below-average lot size.
A less obvious perspective is the value stability it may represent. Its assessed value sits comfortably above the city-wide average, yet the living area is near the city median. This can sometimes point to a lot/location premium that holds firm. The significant appreciation between its 2020 and 2024 sale prices underscores this market strength, though future buyers should consider what modernizations may be needed.
Frequently Asked Questions
1. How does the lot size impact this property?
At 3,959 sqft, the lot is smaller than most on the street and in North River Heights. This typically means less yard maintenance but also less private outdoor space. It’s a trade-off that prioritizes location over land.
2. The home is older—what should I consider?
Built in 1930, the home is nearing a century old. Prospective buyers should budget for and prioritize a thorough inspection. While it offers charm, key systems like plumbing, electrical, and the foundation may require attention or modernization.
3. Why is the assessed value high relative to its size and age?
The data shows the assessed value ranks highly compared to neighbours, especially on its street. This is largely driven by its location within North River Heights and on Campbell Street specifically, reflecting the desirability of the area more than the size or newness of the structure.
4. How accurate are the sold price ranges shown?
The provided sold price ranges (e.g., CA$450k–500k in 2024) are based on publicly available data, not the MLS. The site notes these are reasonably reliable but not guaranteed. For exact historical sale figures, you must request a manual lookup from the site via email.
5. What are the immediate next-door properties like?
The listing shows several nearby homes on Campbell Street with similar vintage (built around 1929-1930). This suggests a street with consistent, period character. Checking the neighbourhood analysis map, as suggested in the details, would provide deeper insight into the immediate surroundings.