Property Overview: 113 Eugenie Street, Winnipeg
Key Characteristics & Appeal
This home is defined by its exceptional size and established character. Its primary standout feature is the generous 3,280 sqft of living area, which places it in the top 1-2% of homes locally and citywide. This offers rare potential for spacious family living, multi-generational arrangements, or ample home-office space. Built in 1905, the property is one of the older homes in the area, appealing to buyers who value classic architecture and the potential for heritage charm, though it implies a need for diligent maintenance and potential updates.
The appeal lies in this combination of abundant interior space on a standard city lot in the Norwood East neighbourhood. With an assessed value of $526k, it sits above average for its immediate area but remains competitively positioned against the wider city average. This suggests you are paying a premium for the neighbourhood and the home's substantial footprint rather than an oversized lot. The last known sale was in March 2021 in the $650k-$700k range.
This property would best suit buyers who prioritize interior square footage over a new build or a vast yard. It’s ideal for a growing family needing room to expand, or for someone seeking a character home with the space to customize. A thoughtful buyer will see beyond the age of the home to the value of its enduring, spacious framework.
Frequently Asked Questions
1. What does the home’s age practically mean for a buyer?
At 121 years old, this is a heritage-era home. While offering classic character, it warrants a particularly thorough inspection focusing on foundational integrity, plumbing, electrical systems, and insulation. Budgeting for ongoing maintenance and potential updates should be a key part of the financial plan.
2. The assessed value is lower than the 2021 sale price. What does this indicate?
Assessed value is for municipal tax purposes and often lags behind the current market. The 2021 sale price is a stronger, though dated, indicator of market value. The difference highlights the importance of obtaining a current market evaluation to understand today's likely price.
3. The living area is in the top 1%, but the lot size is average. What’s the trade-off?
This means the home’s footprint likely occupies much of its lot. You gain significant interior space but may have more limited options for exterior expansions, like large additions or a pool, compared to a home on a larger lot. The yard space will be functional but not expansive.
4. How reliable is the sold price data shown?
The provided sale price is a range based on publicly available data, not the precise MLS figure. For fully verified and exact historical sale prices, you must request a manual lookup from the site via email, as explained in the data notes.
5. Who would this home not be suitable for?
It may not suit buyers seeking a modern, low-maintenance "turn-key" property, or those who prioritize a large, private backyard for extensive landscaping or outdoor recreation. The age and size also suggest utility costs may be higher than a newer, smaller home.