Property Overview: 433 Campbell Street, North River Heights, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home is a compact, character property built in 1929, offering 844 sqft of living space on a 4,500 sqft lot. Its key appeal lies in its position within the desirable North River Heights neighbourhood, coupled with a below-average price point for the area. The assessed value of $374k is notably lower than the neighbourhood average, presenting a more accessible entry into this established community. The lot size is fairly typical for the local area, offering manageable outdoor space.
The property suits first-time buyers or downsizers seeking neighbourhood prestige without the premium price tag of a larger home. It also appeals to value-oriented investors or renovators who see potential in a vintage home. A thoughtful perspective is that its smaller size and lower taxes could be a long-term advantage, offering a simpler, more efficient lifestyle in a prime location without the upkeep of a sprawling property.
Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 844 sqft, the living area is significantly smaller than most comparable homes on Campbell Street and in North River Heights overall. This is the primary factor in its lower assessed value.
2. Is the assessed value in line with recent sale prices?
The home last sold between $300k-$350k in late 2020. The current $374k assessment is reasonably aligned with that sale and sits around the city-wide average, though it remains below the average for North River Heights specifically.
3. What are the implications of the home's age (1929)?
Built 97 years ago, it is older than most homes on its street. This suggests classic character but also means potential buyers should budget for updates and be diligent with inspection for an older structure's mechanical and maintenance needs.
4. How does the lot size compare?
The 4,500 sqft lot is slightly below average for the street but very close to the average for North River Heights. It provides standard outdoor space for the community without being overly large to maintain.
5. Where can I get verified historical sale data?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the full transaction history and exact figures via email from the provider, who will manually look up the data.