Property Overview: 421 Sinclair Street, Winnipeg
Key Characteristics & Appeal
This is a 1,036 sqft home built in 1925 on a 3,000 sqft lot in the Robertson neighbourhood, with a current assessed value of $280,000. Its appeal lies in being a solid, average-sized home within its immediate area that offers a clear value proposition relative to the wider Winnipeg market.
While its living space is slightly below the average for its own street, it is squarely average for the Robertson neighbourhood. The most compelling data point is its assessed value: it sits above the neighbourhood average but significantly below the city-wide average, suggesting you get more house for your money here compared to many parts of Winnipeg. The lot is compact, which means less maintenance but also less private outdoor space. As one of the older homes on the block, it may have classic character but likely requires a mindful approach to maintenance and updates.
This property would suit a first-time buyer or pragmatic investor looking for an entry into the market with a manageable footprint. It’s for someone who values neighbourhood-level affordability over a large lot or a newer build, and who is comfortable with the realities and potential of a century-old home.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
Its assessed value of $280,000 is above the Robertson neighbourhood average but below the average for its specific street. This positions it as a mid-range option in the immediate area, while still being well below Winnipeg’s overall average assessed value.
2. Is the living space small?
At 1,036 sqft, it’s smaller than most homes on Sinclair Street but is very close to the average size for the Robertson neighbourhood. It provides a practical amount of space typical for the area.
3. What should I consider given the 1925 build date?
The home is notably older than most in the city, street, and neighbourhood. Prospective buyers should budget for potential updates to older mechanical systems, insulation, or windows, and consider a thorough inspection to understand the home’s condition.
4. What does the sold price history indicate?
The home has sold three times since 2016, with each sale price band rising, reflecting market appreciation. The most recent sale in 2023 was in the $250k-$300k range, consistent with its current assessment.
5. How can I get the exact past sold prices?
The site provides estimated price ranges. To obtain verified, exact sale figures, you must request them directly via email, as this information is not sourced from the MLS system.