Property Overview: 196 Eugenie Street, Winnipeg
Key Characteristics & Appeal
This home at 196 Eugenie Street in Norwood East presents a distinct blend of historic character and above-average space. Built in 1904, it is notably older than most homes in the city, which suggests potential for classic architectural details but also warrants a close look at its maintenance and updates. Its primary appeal lies in its generous proportions: with 1,744 sqft of living area, it offers significantly more interior space than most homes in both the immediate area and across Winnipeg. This is complemented by a large 6,111 sqft lot, which ranks in the top 10% for size within the neighbourhood, providing ample outdoor space.
The assessed value of $381k sits above average for Norwood East and on Eugenie Street itself, indicating it is a substantial property within its local context. A previous sale occurred between $350k-$400k in early 2021. This property would best suit a buyer who values space and established neighbourhoods over new construction. It appeals to those looking for a larger-than-average home and yard in a central location, who are prepared to appreciate the charm and accept the responsibilities that come with a 122-year-old home. It's a practical choice for someone seeking room to grow without moving to the newer suburbs.
Frequently Asked Questions
1. What does the "below average" ranking for Year Built really mean?
It means this home, built in 1904, is among the oldest 1-2% of homes in Norwood East and Winnipeg. While this often brings character, it necessitates thorough inspections for foundational integrity, wiring, plumbing, and insulation to understand any needed updates or investments.
2. How does the large lot size benefit a buyer?
Beyond simple outdoor space, a lot in the top 10% of the neighbourhood offers rare potential for additions, gardening, or future detached structures like a garage or studio, subject to city zoning bylaws. It provides a sense of privacy and scale that is increasingly uncommon in central areas.
3. The assessed value is above average locally but near average city-wide. Why?
This highlights the neighbourhood's relative affordability compared to some city areas. You are getting a larger-than-average home and lot for Norwood East at a price point that is middle-of-the-road for Winnipeg overall, which can represent good value for the space offered.
4. Where can I find the exact historical sold price?
The site provides sold price ranges for non-members. To receive the exact sale figure from January 2021, you must request it via email from the site provider, as they manually look up and share this data due to industry regulations.
5. What should I consider given the nearby similar properties?
The listing shows several homes with very similar assessed values on different streets. This suggests it's a stable, established price point in the area. Viewing this home in person is crucial to determine if its specific condition, layout, and lot advantages justify its value compared to these alternatives.