Property Overview: 413 Galloway Street, Winnipeg
Key Characteristics & Appeal
This home at 413 Galloway Street is a compact, historically grounded property in Winnipeg's Robertson neighborhood. Built in 1938, its 792 sqft living area is typical for Galloway Street but sits below the averages for both the wider neighborhood and the city, positioning it as a more modest and affordable entry point. The assessed value of $198K is notably below area and city benchmarks, reflecting its size and offering a lower property tax base.
Its primary appeal lies in its value proposition within its immediate context. For a buyer seeking a foothold in a mature neighborhood without a premium price, this home represents a practical opportunity. It suits first-time homebuyers, downsizers looking for minimal upkeep, or investors seeking a rental property with a relatively low entry cost. A thoughtful perspective is that while the lot size is average for the street, it is smaller than most in Robertson, which could mean less outdoor maintenance—a potential upside for those prioritizing simplicity over space. The home's age places it among the older half of homes city-wide, suggesting potential for character but also underscoring the importance of a thorough inspection for maintenance and updates.
Frequently Asked Questions
1. How does the sold price compare to the assessed value?
Based on available data, a property at this address sold between $150K and $200K in early 2022. The current assessed value is $198K, which falls within that recent sale price range.
2. Is the living space significantly smaller than nearby homes?
At 792 sqft, the living area is very close to the street average (877 sqft) but is smaller than many homes in the broader Robertson area and Winnipeg overall. It is a functionally compact layout.
3. What does the "Below Average" ranking for assessed value mean?
This indicates the home's official assessed value for property taxes is lower than most comparable homes in the neighborhood and city. This typically translates to lower annual property taxes, which is a financial advantage for the owner.
4. How can I get the exact historical sale prices?
The provided sold price data is an estimated range. To obtain verified, exact sale figures, you must request a manual lookup via email from the site, as they do not display full MLS transaction records.
5. Are the nearby comparison homes similar?
The listed nearby properties on Galloway Street and surrounding blocks show a mix of sizes, ages, and values. This highlights the variety within Robertson, from smaller, older homes like this one to larger, more recently built properties.