Property Overview: 100 Horace Street, Winnipeg
Key Characteristics & Appeal
This is a compact, century-old home in Winnipeg's Norwood East neighborhood. At 660 sqft, its living space is significantly smaller than most homes in the city, ranking in the top 98% for compactness. This defines its core appeal: it's an efficient, lower-maintenance property with an assessed value ($298k) that sits comfortably below the Winnipeg average, offering a more accessible entry point into a mature, established area.
The appeal lies in its practicality and location. The lot size is typical for the neighborhood, and the home's age (built 1923) is consistent with the area's character. Recent sales history shows steady value appreciation. It suits first-time buyers, downsizers, or investors seeking a straightforward, lower-cost property in a central neighborhood without the upkeep of a larger house. A thoughtful perspective is that its small size is a feature, not just a limitation—it encourages a simplified lifestyle and has inherently lower utility and renovation costs.
Frequently Asked Questions
1. Is the listed living area accurate for the entire home?
Yes, at 660 sqft, the home is notably compact. This is confirmed by comparative data showing it is smaller than approximately 94% of homes on its street and in Norwood East.
2. How does the property's value compare to the area?
Its assessed value of $298k is around the average for Horace Street and Norwood East but is below the wider Winnipeg average. This suggests you are paying primarily for location within a stable neighborhood, not for square footage.
3. What is the typical buyer for a home of this size and age?
It's well-suited for first-time homeowners comfortable with a cozy layout, empty-nesters looking to downsize, or investors seeking a rental property with a relatively lower purchase price for the area.
4. Are the sold price ranges shown the exact selling prices?
No. The site shows sold price in broad bands (e.g., CA$300k–350k). To obtain the exact historical sold prices, you must request them via email from the site provider, as they are not sourced from the MLS.
5. The home is over 100 years old. What should I consider?
While the home's age is typical for the street, a pre-purchase inspection is essential to understand the condition of major systems (plumbing, electrical, foundation) common to houses of this era, and to budget for any necessary updates.