Property Overview: 908 Madeline Street, Victoria West, Winnipeg
Section 1: Key Characteristics & Appeal
This 1946-built home on Madeline Street presents a solid, middle-of-the-road offering within its established Victoria West neighborhood. With 1,019 sqft of living space and a 3,900 sqft lot, its size is very typical for the immediate area, ranking consistently in the 30th-50th percentile on its own street. This indicates a home that fits seamlessly into the local fabric, neither the largest nor the smallest.
The primary appeal lies in its relative affordability and stability within a sought-after community. The property tax assessment of $276,000 is notably below the Winnipeg city average, suggesting a potentially lower tax burden compared to newer or larger homes city-wide. For buyers, this translates into an opportunity to enter a desirable neighborhood without paying a premium for above-average square footage.
This property would suit practical, value-oriented buyers. It's ideal for first-time homeowners looking for a character home in a central community, or for downsizers seeking a manageable property without leaving the neighborhood. It appeals to those who prioritize location and community character over having a brand-new or maximized living space. A less obvious perspective is that a home which is "average" for its immediate area often has more predictable resale value and faces less direct competition from dramatically larger or smaller neighboring homes.
Section 2: Frequently Asked Questions
1. How does this home's size compare to others nearby?
Within Victoria West and on Madeline Street itself, this home's living space (1,019 sqft) is very close to the local average. It is, however, smaller than the average home across the entire City of Winnipeg.
2. What does the tax assessment figure tell me?
The assessed value of $276,000 is used to calculate your property taxes. This assessment is slightly above the average for Madeline Street but below the averages for both Victoria West and Winnipeg as a whole, indicating a potentially favorable tax position relative to many other city properties.
3. Is a 1946-built home a concern?
The build year is typical for the Victoria West area. Buyers should anticipate the maintenance and potential update needs common to homes of this era, but also benefit from the established lot sizes and neighborhood character that period creates.
4. How usable is the 3,900 sqft lot?
The lot size is just below the average for the street and neighborhood. It provides a classic urban yard space—sufficient for gardening, recreation, and privacy, but not an exceptionally large or sprawling plot.
5. What do the ranking percentiles mean?
They show how this property compares to others in three geographic circles. For example, ranking in the "top 32%" on its street for living space means 68% of homes on Madeline Street are smaller. The key takeaway is that this property consistently performs as a typical, inline offering within its immediate community.