Property Overview: 383 Seymour Street, Winnipeg
Key Characteristics & Appeal
This home presents a distinct value proposition within Winnipeg's Robertson neighborhood. Its primary appeal lies in offering above-average interior space for its immediate area at a below-average price point for the city. Built in 1915, it is a character home on a standard city lot. The 1,276 sqft living area ranks in the top 10% on its own street and top 7% in Robertson, meaning it offers more room than most comparable homes nearby. Conversely, its assessed value of $227k sits below both the neighborhood and city averages, suggesting a potentially accessible entry point.
This combination suits practical, value-conscious buyers. It would appeal to a first-time homeowner seeking more space than typical starter homes offer, or an investor looking for a character property with a functional layout in an established area. The data indicates you are paying primarily for the usable living space rather than a large lot or a modern build year. It’s a trade-off: you get a historically older home that may require more maintenance, but it provides roominess and location at a price that sits well below Winnipeg’s broader market average.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
Assessed values are for municipal tax purposes and are not an appraisal. The provided sold price range from 2022 ($250k-$300k) is a more useful, though historical, market reference. The current assessed value being lower may indicate a tax advantage, but the final sale price will be set by the current market.
2. How much of a concern is the 1915 build year?
It is the primary consideration. A home of this age will likely have older infrastructure (plumbing, electrical, roof) that requires careful inspection. While it offers character, budget for potential updates and maintenance that newer homes may not need. It ranks as one of the older homes on its street and in the city.
3. The living area is above average, but the lot size is below average. What does this mean?
It means the house itself occupies a good portion of its 3,000 sqft lot. This is efficient use of land and contributes to the above-average interior space. For a buyer, it suggests a manageable yard to maintain but less potential for expansive outdoor additions or gardens compared to some neighborhood lots.
4. How does this property compare to others in Robertson?
It offers more interior space than 93% of similar homes in Robertson but has a lower assessed value than 81% of them. This suggests it could be a relatively spacious option within the neighborhood, albeit in an older package. It is not a newly renovated showcase home but a functional property.
5. How can I get the exact historical sold price?
The site notes that due to industry rules, exact MLS sold prices are not displayed publicly. You can request the exact sold price history via email from the site provider, who will manually look it up and send it to you. The provided range of CA$250k–300k from June 2022 offers a general benchmark.