Property Summary
Key Characteristics & Appeal
This 800 sqft home, built in 1931 on a 3,660 sqft lot at 809 Winona Street, presents a specific and compelling value proposition. Its primary appeal lies in its position as a competitively priced entry point into the sought-after Victoria West neighborhood. While the living space is modest—below averages for the street, area, and city—its assessed value of $287k is firmly around the average for both Winona Street and Victoria West, yet notably below the Winnipeg city average. This creates an opportunity for buyers who prioritize location over square footage.
The home suits first-time buyers, downsizers, or investors seeking a character home in a prime area without the premium price tag of a larger property. Its vintage 1931 construction offers classic charm but also suggests that value may be found in thoughtful updates rather than in immediate move-in size. A thoughtful perspective is that this property represents a "land bank" opportunity in a mature neighborhood; the lot size, while average for the area, is a valuable asset in a well-established community where new infill is common. The data indicates you are buying into a stable, consistent streetscape where this home is very typical, not an outlier.
Frequently Asked Questions
1. Is this house too small?
At 800 sqft, it is certainly compact, ranking below average in living area for the street, neighborhood, and city. It will suit those with simpler spatial needs or those willing to invest in intelligent design to maximize the existing footprint.
2. Why is the assessed value relatively high for the size?
The value reflects the desirable Victoria West location. You are paying a premium for the neighborhood, not for square footage. Its assessment is in line with area averages, suggesting the market supports this price for a home of its type in this location.
3. What does the 1931 build year mean for me?
It indicates a classic character home. Potential buyers should budget for maintenance and updates appropriate to a home of this era, but also appreciate the architectural charm and established lot that come with it. It is not an unusually old home for this street.
4. Is the lot size a positive?
The lot is average for Victoria West but below the city average. In this context, it's a typical urban parcel—large enough for private outdoor space but not oversized. It aligns with the neighborhood's density and is a key part of the property's overall value.
5. How does this property compare to others in Winnipeg?
The data shows it offers a trade-off: you get a home with below-average city living space and lot size, but at an assessed value significantly below the Winnipeg average. This highlights its role as an affordable pathway into a prime neighborhood that might otherwise be out of reach.