Property Overview
This home at 611 Winona Street presents a distinct profile within Winnipeg's Victoria West community. Its key characteristic is its compact size, with a living area of 700 sq ft that places it well below averages for the street, neighborhood, and city. Built in 1914, it is notably older than most surrounding homes. However, its assessed value for taxes is relatively close to the local area average, and it sits on a 3,700 sq ft lot that is fairly typical for the immediate vicinity.
The appeal lies in its position as a potentially more accessible entry point into a established neighborhood. It suits buyers seeking a smaller, lower-maintenance footprint without sacrificing yard space, such as first-time homeowners, downsizers, or investors looking for a character rental. A thoughtful perspective is that its below-average size and assessment could translate to relatively lower utility and tax burdens, while its lot size offers standard outdoor potential. Its age suggests classic charm but also necessitates a thorough inspection for upkeep and modernization needs.
Frequently Asked Questions
1. Is this a small house?
Yes, significantly. At 700 sq ft, its living space is about 30% smaller than the Victoria West average and nearly 50% smaller than the Winnipeg average for comparable properties.
2. What does the 1914 build year mean for me?
It indicates a character home with potential for original features, but it requires careful attention to the condition of aging components like wiring, plumbing, insulation, and the foundation. Renovation history and updates will be key.
3. The assessed value seems lower than the city average. Is that good?
It can be. The assessment is used to calculate property taxes. Being assessed below the city average likely means a lower annual tax bill compared to many Winnipeg homes, though taxes are also influenced by municipal rates.
4. How does the lot size compare?
The 3,700 sq ft lot is close to the average for both Winona Street and the Victoria West area, offering a standard-sized urban yard. It is, however, smaller than the typical lot across the wider city.
5. The rankings show it's "below average" in many categories. Is that a disadvantage?
Not necessarily. It accurately reflects the home's compact and older nature. For the right buyer, this translates to a lower price point for the area, manageable upkeep, and a chance to own a character property in a sought-after neighborhood without paying for excess space.