Property Overview: 380 Campbell Street, Winnipeg
Key Characteristics & Appeal
This home on Campbell Street in North River Heights presents a compelling mix of established character and above-average metrics. Built in 1928, it is an older home on a street where most houses are newer, which may appeal to buyers seeking classic architecture and mature landscaping. Its primary strengths are its size and valuation. With 1,539 sqft of living area, it offers more space than most comparable homes on its street and across Winnipeg. The lot size of 5,999 sqft is notably larger than the average for the North River Heights area.
The standout feature is its assessed value of $675,000, which places it in the elite top 5-7% of homes on its street, in the neighbourhood, and city-wide. This significant premium suggests factors beyond basic metrics are at play, such as desirable updates, a premium location on the street, or exceptional lot characteristics. It last sold in June 2021 for an estimated $550k-$600k.
This property would suit a buyer who values space, an established neighbourhood, and a home with a proven high assessed value. It’s ideal for someone not intimidated by the maintenance considerations of a near-century-old home but who appreciates the stability and potential prestige its valuation implies.
Frequently Asked Questions
1. Why is the assessed value so much higher than neighbouring homes?
The assessment places it in the top tier locally, indicating municipal assessors have attributed significant value. This could be due to major renovations, high-quality finishes, or advantageous lot features not fully captured by the basic statistics.
2. What should I consider with a home built in 1928?
While the systems and structure may have been updated, a home of this age will likely require ongoing attention to foundational elements, plumbing, electrical wiring, and windows. A thorough inspection is essential to understand its modern condition and any upcoming maintenance.
3. How does the lot size compare, and what are the implications?
At nearly 6,000 sqft, the lot is larger than most in North River Heights. This offers more private outdoor space, gardening potential, and distance from neighbours than is typical for the area, which is a key advantage.
4. The home sold recently in 2021. What does that mean?
The sale three years ago provides a relatively recent market price benchmark. The difference between the last sold price and the current assessed value can be a starting point for understanding market appreciation or the scale of improvements made by the current owners.
5. How can I verify the exact historical sale prices?
The provided sold price is an estimated range from public records. For fully verified and exact sale figures, you must request a manual lookup from the site via email, as they do not display MLS sold data due to industry regulations.