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597 Cote Street

BasementYes, renovatedPoolNoGarageDetachedBuilding TypeOne Storey

Rankings

MetricSame streetSame areaCity-wide
Land Area
3,421 sqft
Top 82%32/39
Top 61%224/369
Top 82%159056/194458

597 Cote Street: For Land Area. On Cote Street, below averageTop 82%, rank 32 of 39, and comparable homes in that group average about 4,132 sqft. in Archwood, around averageTop 61%, rank 224 of 369, and comparable homes in that group average about 4,026 sqft. citywide, below averageTop 82%, rank 159056 of 194458, and comparable homes in that group average about 6,570 sqft.

Year Built
1948 78 years ago
Top 23%9/39
Top 17%61/369
Top 74%144626/194458

597 Cote Street: For Year Built. On Cote Street, above averageTop 23%, rank 9 of 39, and comparable homes in that group average about 1954. in Archwood, above averageTop 17%, rank 61 of 369, and comparable homes in that group average about 1946. citywide, below averageTop 74%, rank 144626 of 194458, and comparable homes in that group average about 1966.

Living Area
684 sqft
Top 97%38/39
Top 83%305/369
Top 97%188512/194458

597 Cote Street: For Living Area. On Cote Street, below averageTop 97%, rank 38 of 39, and comparable homes in that group average about 971 sqft. in Archwood, below averageTop 83%, rank 305 of 369, and comparable homes in that group average about 892 sqft. citywide, below averageTop 97%, rank 188512 of 194458, and comparable homes in that group average about 1,342 sqft.

Assessed Value
26.80k
Top 67%26/39
Top 45%167/369
Top 79%153017/194458

597 Cote Street: For Assessed Value. On Cote Street, around averageTop 67%, rank 26 of 39, and comparable homes in that group average about 30.40k. in Archwood, around averageTop 45%, rank 167 of 369, and comparable homes in that group average about 27.60k. citywide, below averageTop 79%, rank 153017 of 194458, and comparable homes in that group average about 390k.

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Sales History

Sold 7/202429.50k
MetricSame streetSame areaCity-wide
Sale price
29.50k
Top 33%13/39

Around average

same street Top 33%

Top 23%85/369

Above average

neighbourhood Top 23%

Top 72%140276/194458

Below average

Winnipeg Top 72%

Sold 4/202227.90k
MetricSame streetSame areaCity-wide
Sale price
27.90k
Top 49%19/39

Around average

same street Top 49%

Top 35%130/369

Around average

neighbourhood Top 35%

Top 76%148491/194458

Below average

Winnipeg Top 76%

Sold 2/2016190k
MetricSame streetSame areaCity-wide
Sale price
190k
Top 100%40/39

Below average

same street Top 100%

Top 98%363/369

Below average

neighbourhood Top 98%

Top 93%180972/194458

Below average

Winnipeg Top 93%

Highlights & common questions: 597 Cote Street, Winnipeg

Property Overview & Appeal

This well-situated one-storey home in Archwood presents a compelling opportunity, particularly for specific buyers. Its key characteristic is a renovated basement, adding valuable finished space to the modest 684 sqft main floor footprint. The detached garage and a land area that ranks in the top 18% for its street are further tangible assets. The home’s appeal lies in its efficient scale and recent updates, offering a move-in-ready foundation in a mature neighbourhood. The recent sale history shows steady appreciation, suggesting a stable investment.

This property would best suit first-time buyers seeking an affordable entry into the market without a major renovation project, or downsizers looking for a manageable, single-level layout with a modernized lower level for family visits or hobbies. A thoughtful perspective is that while the living area is compact, the renovated basement effectively doubles the usable space, making the home feel larger than the main floor square footage suggests. Its strong land ranking also indicates future potential for expansion or landscaping, unlike properties on smaller lots.

Frequently Asked Questions

1. Is the house too small?
While the main floor living area is compact, the renovated basement provides significant additional finished space, creating a more functional total living environment than the initial square footage implies.

2. How does the age of the home affect maintenance?
Built in 1948, some major systems may be due for updates. A thorough inspection is recommended, though the renovated basement suggests recent investment in the property.

3. What is the neighbourhood like?
Archwood is a mature, established neighbourhood. The property’s land size ranks in the top 39% for the area, indicating it is on one of the larger, potentially more desirable lots within the community.

4. Why did it sell for more than its assessed value recently?
The sale price in July 2024 exceeded the assessed value, which is common. Assessments are for taxation purposes and often lag behind market value, especially for updated homes in a strong market.

5. Is the detached garage a standard size?
The listing confirms a detached garage, but the exact dimensions are not provided. This should be verified, as garage sizes in older neighbourhoods can vary.

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