Property Summary: 671 Stewart Street, Winnipeg

Key Characteristics & Appeal

This single-storey home on a spacious 5,155 sqft lot in Buchanan presents a straightforward opportunity. Its key appeal lies in its above-average land size for the immediate street, offering more outdoor space than many neighbouring properties. The home itself, built in 1963, is of a practical size at 1,104 sqft and features a renovated basement. A detached garage adds functional storage or workshop space.

The property suits pragmatic buyers looking for a solid foundation. It’s a fit for first-time homeowners comfortable with a classic layout, or for investors seeking a land-advantaged property with renovation or holding potential. The recent 2024 sale price of $37,500 suggests it may be a value-play, possibly requiring modernization, but its assessed value aligns well with the local area. A thoughtful perspective is that while the home’s living area is average for the neighbourhood, the lot size is a standout asset on its street, offering a relative rarity of space that could be leveraged for gardens, expansion, or simply more privacy.

Frequently Asked Questions

1. Why is there such a large difference between the 2024 sale price and the 2019 sale price?
This typically indicates a significant change in the property’s condition, use, or type of sale (e.g., a family transfer, estate sale, or sale of land value only). Prospective buyers should review all available disclosures and may wish to investigate the specific circumstances of the 2024 transaction.

2. What does "renovated basement" include?
The listing confirms the basement has been renovated, but the specific scope, quality, and permits for this work are not detailed. This is a key point for buyers to verify through a viewing and potentially a home inspection.

3. How does the lot size compare practically?
At 5,155 sqft, the lot is in the top 27% on Stewart Street itself, meaning it’s notably larger than many direct neighbours. This is a tangible advantage for outdoor space compared to the immediate surroundings.

4. Is the detached garage insulated or heated?
The listing does not specify. Given Winnipeg's climate, this is an important practical consideration for anyone intending to use the garage as a workshop or for vehicle storage year-round.

5. What is the typical character of homes on this street?
With a Year Built ranking "around average" for the street (1963), this home fits the established period of the area. Buyers can expect a streetscape primarily of mid-century, single-storey homes, offering neighbourhood consistency.