Property Overview

This 1905 two-and-a-half storey home on Sherbrook Street presents a classic Winnipeg character property with practical potential. Its appeal lies in a combination of generous space, a sizable lot, and a location within the established Daniel McIntyre neighbourhood. The home offers 1,778 sqft of living area, which is notably above average for the area, and sits on a 4,283 sqft lot that ranks in the top 4% locally for size. This provides rare outdoor space for an inner-city property. The basement exists but is noted as unrenovated, and the property does not have a garage or pool.

The home would suit a buyer looking for a project-in-waiting with solid fundamentals—someone who values character and space over modern finishes and is prepared for the maintenance or updates a 121-year-old home may require. It’s a practical canvas for a renovator, or for a household that prioritizes interior and yard space over amenities like a garage. The assessed value is modest compared to the city-wide average, suggesting it may appeal to budget-conscious buyers seeking entry into a central neighbourhood.

Key Questions for Consideration

1. What does "basement, not renovated" typically imply for a home of this age?
   In a 1905 house, this usually means the basement retains its original, functional state—likely concrete floors and walls, housing the furnace and utilities. It offers storage and mechanical space but would require significant investment to convert into finished living area.

2. How does the lot size impact potential?
   The lot is significantly larger than most in Daniel McIntyre. This not only allows for more private outdoor space but could provide future flexibility for additions, landscaping, or even parking solutions, subject to zoning approvals.

3. The assessed value is much lower than the city average. What does this indicate?
   The city-wide average assessment is skewed by newer, suburban homes. This home's assessment is actually around average for its specific street and neighbourhood, reflecting its age, condition, and the local market. It highlights the property's positioning as a central, character-home option at a different price point than newer builds.

4. What are the practical implications of no garage in this location?
   Buyers should plan for street parking. While common in the area, it requires consideration for daily convenience, winter parking bans, and the security of vehicles and storage.

5. The home ranks well for living area locally but lower for year built city-wide. What's the takeaway?
   This emphasizes that the home's value is in its interior space and location within the community, not in modern construction. It offers more room than many neighbouring homes but will inherently come with the maintenance considerations and potential charm of its early 20th-century build.