Property Overview & Key Characteristics
This one and three-quarter storey home in Weston, built in 1913, presents a classic character property with practical potential. Its key appeal lies in a combination of established neighbourhood charm and a very manageable scale. With 960 square feet of living space and a generous 3,762 sqft lot featuring a detached garage, it offers a balanced footprint for first-time buyers, downsizers, or hands-on investors.
The home’s assessed value is notably low compared to city-wide averages, which can signal an accessible entry point into the market. While the basement exists, it is noted as not renovated, suggesting the property is likely a solid candidate for cosmetic updates or a thoughtful, phased renovation. Its appeal is grounded in practicality rather than luxury—it suits a buyer comfortable with a home that has history and may require some personalization, or an investor looking for a stable asset in a long-established community. A less obvious perspective is that homes of this era and lot size in transitioning neighbourhoods can offer flexibility; the large lot relative to the home's size could be a long-term asset for expansion or outdoor space, even if not immediately utilized.
Frequently Asked Questions
1. What does "one and three-quarter storey" mean for this home?
This typically describes a home where the second floor has slightly less square footage than the main floor, often due to sloped roof lines creating cozy bedrooms or unique spaces. It’s a common architectural style for homes of this era.
2. The assessed value seems very low. Does this reflect the likely purchase price?
Municipal assessed value for taxation purposes is often significantly lower than current market value. It should not be used as a direct price guide but can indicate the property's relative tax burden compared to others in the city.
3. What is implied by the basement being "not renovated"?
This indicates the basement is in original or functional condition, but not modernized. Buyers should budget for potential updates to make it a more finished living or storage space and consider it an area for future value addition.
4. How should I interpret the ranking percentages provided?
These rankings compare this property against others on its street, in Weston, and across Winnipeg. For example, its land area ranks in the top 23% city-wide, meaning the lot is larger than most in Winnipeg. Conversely, its year built ranks in the top 91%, meaning it is older than the vast majority of city homes.
5. Who would this property not be suitable for?
It may not suit buyers seeking a modern, move-in-ready home without any projects, or those requiring extensive main-floor bedroom access. The smaller living area and probable need for updates call for a buyer with realistic expectations about a character home.