1095 Downing Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1928-built home with 908 sq ft of living space on a 3,618 sq ft lot, currently assessed at $223,000. Compared to other properties in Winnipeg, it sits below the citywide averages for size, value, and newness. But locally—within the Sargent Park neighbourhood—the numbers are more competitive. The property ranks near the middle of the pack on its own street and in the area for living area and land size, which suggests it’s not an outlier but a fairly typical home for this part of the city.
Its appeal lies in its relative affordability. With an assessed value below both the street and neighbourhood averages ($256.8K and $251.4K respectively), it offers a lower entry price point in a modest, established neighbourhood. Buyers who are comfortable with an older home (nearly 100 years old) and don’t need a large footprint or acre-sized lot will find this realistic. It would suit first-time buyers looking for something solid in a mature area, or investors seeking a reasonably priced infill property near Sargent Park itself. One less obvious angle: in a city where newer subdivisions often mean tighter lots and small front yards, this home’s land-to-living-area ratio (roughly 4:1) offers more outdoor space than many newer inner-city builds, even if the total lot size is modest by citywide standards.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
It’s below both the street average ($256.8K) and the neighbourhood average ($251.4K). Citywide, it’s well under the $390.1K median for comparable homes. In practical terms, buyers here are likely paying below what most nearby properties are worth on paper.
2. Is the house old enough to require major upgrades right away?
The year built (1928) puts it in the top 83% of oldest homes citywide, so it’s older than most of Winnipeg’s housing stock. Whether that means immediate work depends on upkeep history. Many homes from this era have had electrical, plumbing, or foundation updates—buyers should plan for an inspection and assume mid-term maintenance, but a 1928 home can be structurally sound if well cared for.
3. How does the living area compare to other homes in Sargent Park?
At 908 sq ft, it’s slightly below the neighbourhood average of 953 sq ft but ranks in the top 49% of homes in the area. That means it’s on the smaller side, but not unusually so for this neighbourhood. Many older homes in Sargent Park have similar or slightly larger floor plans.
4. What is the land area actually like for a property this age?
The lot is 3,618 sq ft, which is below the citywide average (6,570 sq ft) but right around the neighbourhood average (3,562 sq ft). It’s typical for an in-city lot—enough for a garden or small shed, but not oversized. Compared to new subdivisions, it’s a smaller footprint, but the yard is proportionally larger than the house itself.
5. How do the rankings work, and what do the percentages mean?
The rankings compare this property to other “comparable homes” within three scopes: the street, the neighbourhood (Sargent Park), and all of Winnipeg. A higher rank (e.g., “Top 50%”) means the property outperforms that percentage of comparable homes for the given metric. So “Top 50% for living area on the street” means it’s in the top half, while “Top 83% for living area citywide” means it’s in the bottom 17% for Winnipeg overall. The percentages are a rough snapshot of how this home stacks up against similar properties in each area.