Property Summary: 625 Arlington Street, Winnipeg

Section 1: Key Characteristics & Appeal

This one-and-a-half storey home on Arlington Street presents a practical opportunity in Winnipeg's Daniel McIntyre neighbourhood. Built in 1930, its 1,253 sqft living area is notably above average for both the immediate street and the wider community, offering more interior space than many comparable local homes. The property includes a detached garage and a standard city lot.

Its primary appeal lies in its value proposition. With a modest assessed value, it sits well below the citywide average, suggesting a potentially accessible entry point into the market. This is a home that ranks higher for its living space than for its price tag. It would suit a first-time buyer, an investor, or a practical homeowner who prioritizes functional interior space over a renovated or modernized property. The unrenovated basement indicates a canvas for future improvements, appealing to those with a vision for adding value over time. A thoughtful perspective is that while the home is older than most in the city, it is actually newer than many in its specific neighbourhood, potentially meaning fewer extreme age-related issues than some direct comparables.

Section 2: Frequently Asked Questions

1. What does the assessed value tell me about the property tax?
The assessed value is used to calculate property taxes. With an assessment significantly below the Winnipeg average, the annual property tax burden for this home is likely to be relatively lower, which is a key ongoing cost consideration.

2. Is the living area size typical for the area?
Yes, and it's a positive standout. The living space is larger than approximately two-thirds of similar homes on Arlington Street and in the Daniel McIntyre area, meaning you get more interior square footage than is common for this price point in the community.

3. The home is noted as having an unrenovated basement. What should I consider?
This means the basement is in original or functional condition but not modernized. It offers utility and storage space but will likely require investment for finishing. Budget for inspections to understand the condition of foundational elements, plumbing, and electrical systems before planning any renovations.

4. How does the lot size compare?
At just under 3,000 sqft, the lot is typical for the central neighbourhood but is smaller than the average Winnipeg property. This means lower maintenance but limited space for expansive outdoor additions. The detached garage is a valuable asset given the lot dimensions.

5. The home sold in 2020. How is that price relevant today?
The 2020 sale price provides historical context, but market conditions have likely changed. It’s most useful for understanding the property’s turnover history. Current value should be determined by a professional appraisal and recent sales of comparable homes, like the nearby references listed.