Here is a clean, standalone summary of the property at 264 Langside Street.
Key Characteristics & Buyer Profile
This is a 1906-built home with 1,968 sqft of living space on a 3,265 sqft lot. Its standout feature is the generous interior square footage. On its own street, it ranks in the top 18% for living area, and city-wide, it places in the top 12%—significantly larger than the typical Winnipeg home. The lot size is also above average for the immediate street, though it falls below city averages.
The assessed value is $243k, which is roughly in line with other homes on Langside Street but notably lower than the West Broadway neighborhood average ($295k) and the citywide median ($390k). The property is older than most in the city (top 2% oldest city-wide), but it fits comfortably within the age range of its street and neighborhood.
Its appeal lies in the combination of size and relative affordability. A buyer gets a home that is substantially larger than the city norm, without the price tag that typically accompanies that much space. The trade-off is age and location: the home is in an older, denser part of the city where land values are lower and lots are smaller.
It would suit a buyer who prioritizes interior space over a large yard or a modern build. This could be someone looking for a project with good bones, a household needing room for a large family or home-based work, or a buyer who values character and wants to live in a walkable, central Winnipeg neighborhood without paying a premium for a newer, turnkey property.
Five Possible FAQs
1. Why is the assessed value so much lower than the city average when the house is larger than most?
The assessed value reflects the market’s calculation of land value, location, condition, and desirability, not just square footage. While this home has above-average living space, it sits on a below-average lot size for Winnipeg, is in a neighborhood with lower median values than the city as a whole, and is over a century old. The combination of these factors depresses its assessed value relative to newer, larger-lot homes further from the core.
2. How does the age of this home (1906) compare to others nearby?
It is very typical for the area. The average home on Langside Street was built around 1919, and in the West Broadway neighborhood, the average is 1910. This home is among the older ones on the street, but not an outlier. You would not be the only one dealing with pre-war construction quirks and character.
3. Is the “land area” the total lot size, and is 3,265 sqft considered small?
Yes, that is the total lot size. It is above average for this specific street, where many lots are smaller. However, compared to Winnipeg’s citywide average of 6,570 sqft for comparable homes, it is well below average. Expect a modest yard—likely not suited for large gardens or extensive outdoor entertaining, but in line with other inner-city properties.
4. What does “Top 12%” city-wide for living area actually mean in practical terms?
It means this home has more interior space than roughly 88% of all comparable homes in Winnipeg. The living area is about 50% larger than the citywide average (1,342 sqft). In practical terms, you get rooms that are genuinely spacious, not just a larger number of small rooms. This is a rare find for anyone who needs square footage on a moderate budget.
5. Does the age of the home mean it will need a lot of work, or is that reflected in the price?
The age suggests that maintenance and updates are a given, not a possibility. The assessed value being below neighborhood and city averages likely accounts for this. Many century homes in this price range have original systems or unfinished updates. A buyer should budget for ongoing upkeep, especially for the roof, foundation, electrical, and plumbing—but the purchase price offers room to absorb those costs compared to buying a newer, more expensive home.