Property Overview: 409 Seymour Street, Winnipeg
Key Characteristics & Appeal
This is a compact, well-situated home in Winnipeg's Robertson neighborhood. Built in 1948, it is notably newer than most on its street. With 720 sqft of living space, the home is smaller than average at every comparison level, positioning it as a true starter home or downsizing opportunity. Its assessed value of $241,000 is very close to the street average and sits below neighborhood and city benchmarks, suggesting a relatively affordable entry point for the area.
The appeal lies in its efficiency and location. The lot, while below average for the city, is a manageable size and is actually close to the norm for Seymour Street. This combination of a newer vintage on the block, a modest but functional lot, and a value-conscious price creates a specific niche. It would suit first-time buyers seeking a foothold in a mature neighborhood without a massive footprint or maintenance burden, or investors looking for a straightforward rental property. A thoughtful perspective is that its smaller size and lower taxes could be seen as features for a certain lifestyle, not just compromises, offering a simpler and more cost-contained way of life in the city.
Frequently Asked Questions
1. How does the home's size compare practically?
At 720 sqft, the living area is significantly smaller than the Winnipeg average (~1,342 sqft). This indicates a classic one-bedroom or compact two-bedroom layout, requiring efficient use of space.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($241k) is for municipal tax purposes. Notably, it ranks "Around Average" for Seymour Street itself, suggesting it's priced in line with its immediate neighbors. Recent sold data for the area shows homes in a similar range, but for exact historical sale prices, a manual lookup is required.
3. What does the "newer" year built mean for this property?
Built in 1948, this home is newer than most on its street (where the average is 1935). This could imply updates to core systems like wiring or plumbing compared to older neighbors, but a thorough inspection is still essential for a home of this age.
4. How does the lot size impact the property?
The 3,001 sqft lot is below the neighborhood and city averages but is closer to standard for Seymour Street. This means outdoor space is limited compared to many Winnipeg homes but is typical for this specific block, offering a manageable yard.
5. What are the comparable homes nearby?
The listing references nearby properties like 404 Seymour St. (748 sqft, $209k) and 462 Seymour St. (816 sqft, $269k). These help illustrate the range of sizes and values on the same street, confirming that 409 Seymour sits in the middle of this local market.