Property Overview: 614 Home Street, Winnipeg

Key Characteristics & Appeal

This one-and-three-quarter storey home, built in 1913, presents a classic character home opportunity in the Daniel McIntyre neighbourhood. With 1,286 sqft of living space and a generous 3,035 sqft lot, the property offers solid fundamentals in a central location. Its appeal lies in its established neighbourhood setting, a lot size that is notably above average for the immediate street, and the original charm typical of its era. The home features a basement and a detached garage, but has not undergone recent renovations, positioning it as a candidate for updates.

The data reveals a thoughtful perspective: while the home’s size and assessed value are very typical for its specific street and neighbourhood, its lot is larger than many neighbours', offering valuable outdoor space or future potential. It suits a practical buyer—perhaps a first-time homeowner, an investor, or a downsizer—who is comfortable with a property that has good bones but may require modernization. It’s for someone who values location and lot size over move-in-ready finishes and sees the appeal in putting their own stamp on a character home.

Frequently Asked Questions

1. What does "one-and-three-quarter storey" mean?
This is a common architectural style for homes of this era. It typically means the second floor has full-height ceilings under the roofline at the front, but the ceilings may slope or the space may be configured differently at the rear, often creating cozy nooks or unique room layouts.

2. How does the assessed value relate to the likely sale price?
The municipal assessed value for tax purposes ($19,400) is not a market valuation. The last recorded sale was in September 2021 for $250,000. Market price is determined by current conditions, buyer demand, and the home's specific state, so consulting recent comparable sales is essential.

3. The home is noted as having a basement, but it's "not renovated." What should I expect?
This indicates the basement is unfinished or in its original state. It provides valuable storage, mechanical space, and potential for future development, but any living or recreational use would require significant investment to insulate, frame, and finish.

4. How does this property compare to others in Winnipeg overall?
The data shows this home is very average in size and value for its specific neighbourhood and street—which can be a sign of stability. However, citywide comparisons are less relevant, as average lot sizes and home ages vary drastically between central neighbourhoods and newer suburbs.

5. What is the significance of the lot size being "above average" for the street?
A 3,035 sqft lot ranks in the top 28% on Home Street. This is a key advantage, offering more private outdoor space, better potential for landscaping or gardening, and possibly more flexibility for additions or parking than many neighbouring properties.