306 Langside Street – Property Summary
Key Characteristics & Buyer Profile
This is a 2,260 sqft home on a 3,265 sqft lot, built in 1904, with an assessed value of $265,000. The property stands out most for its size. On its own street, it ranks in the top 9% for living area—well above the street average of 1,530 sqft. City-wide, it’s in the top 6% for living space among comparable homes. The land is also notably large for the street (top 19%), though it sits below neighborhood and city averages for lot size, which is typical for an older urban property.
The assessed value tells a more nuanced story. The home is valued above the street average ($225.2k) but below the neighborhood average ($295.4k) and well below the city-wide average ($390.1k). This suggests it may be priced more affordably relative to its living space—something that can appeal to buyers looking for square footage without paying a premium for the neighbourhood or a newer build.
The year built (1904) places it among the older homes in the city—older than 99% of properties city-wide. That’s not unusual for the West Broadway area, where the average build year is 1910. Buyers should expect character features common to early 1900s construction, along with the maintenance realities of an older home.
Who this property suits: Buyers who prioritize interior space and are comfortable with an older home’s quirks. It may appeal to those who want more room than typical newer builds offer at a similar price point, or investors looking for a property with strong size-to-value ratio. It’s less suited for someone seeking a low-maintenance, recently built home or a large private lot.
Frequently Asked Questions
1. How does the property’s assessed value compare to similar homes nearby?
It’s above the street average ($225.2k) but below the West Broadway neighborhood average ($295.4k). City-wide, it falls in the bottom 21% of assessed values. In short, you get more square footage than what’s typical for the price on this street, but the neighborhood itself has higher-valued properties overall.
2. The home was built in 1904—what should I watch out for?
Older homes often have original wiring, plumbing, and insulation that may need updating. It’s also common to find lead paint or asbestos in materials used before the 1970s. A thorough inspection focusing on the foundation, roof, and mechanical systems is strongly recommended. On the positive side, older homes in this area often have solid framing and unique architectural details.
3. Is the land large enough for an addition or a garage?
The lot is 3,265 sqft—above average for the street (top 19%) but below the West Broadway average of 3,954 sqft. Whether you can add on depends on zoning setbacks and the existing footprint. In older urban neighbourhoods, lots are often narrow, so check with the city before assuming expansion is possible.
4. How does this property compare to newer homes in Winnipeg?
Newer homes typically have smaller living areas (city average is 1,342 sqft) and larger lots (city average is 6,570 sqft). This home offers nearly double the interior space of a typical newer build, but on a much smaller lot. You’re trading yard space for room inside, which suits some buyers but not others.
5. What’s the neighbourhood like in terms of home age and character?
West Broadway has an older housing stock—the average year built is 1910, and many homes share similar vintage features. The area is known for its mature tree canopy and walkability. If you value character and a central location over modern finishes, this neighbourhood fits that profile well. Expect a mix of renovated and original-condition homes.