Property Overview: 447 Minnigaffe Street, Winnipeg
Key Characteristics & Appeal
This is a modest, well-situated home built in 1947, offering an entry point into Winnipeg’s Robertson neighborhood. With 700 square feet of living space, the house is notably compact, ranking below average in size for its street, neighborhood, and city. Its assessed value of $195,000, however, positions it as an affordable option, sitting comfortably below area averages. The lot size of just over 4,000 square feet is typical for the immediate street and provides reasonable outdoor space.
The primary appeal lies in its value proposition and location. It represents a lower barrier to entry for homeownership in a well-established area. This property would suit first-time buyers, investors seeking a rental property, or downsizers looking for a manageable footprint without leaving the city. A thoughtful perspective is that its smaller size and below-average assessment could mean lower property taxes and utility costs, offering financial efficiency that isn't immediately apparent. The data suggests the home isn't competing on modern square footage, but rather on practicality and lot potential for the right buyer.
Frequently Asked Questions
1. Is the price fair compared to recent sales?
Based on available data, a home on this street sold between $150,000 and $200,000 in 2017. The current $195,000 assessment suggests value consistency, but verifying exact, recent sale prices for comparable homes is recommended.
2. How does the smaller living area impact livability?
At 700 sqft, the home is efficient but compact. It likely suits individuals, couples, or those comfortable with cozy spaces. The floor plan’s layout will be a key factor in how livable it feels.
3. What does the "below average" ranking for value actually mean?
While the assessed value is below the neighborhood and city averages, it is around average for Minnigaffe Street itself. This indicates you are paying a price typical for this specific block, which may offer more affordability than the wider Robertson area.
4. Are there opportunities to expand or renovate?
The lot size is standard for the street, so there may be potential for an addition or renovation, subject to local zoning bylaws. The 1947 build date suggests potential for updates, so a thorough inspection is advised.
5. How can I get the exact historical sale prices?
The provided data shows price ranges. For precise sale figures and a full transaction history, you must request a manual lookup from the site, as they do not display MLS records directly.