Property Overview

This well-situated two-and-a-half storey home on Banning Street in Daniel McIntyre offers a blend of classic character and practical space. Built in 1914, it features a renovated basement and a detached garage. Its key appeal lies in its above-average living space—at 1,726 sqft, it ranks within the top 8% of homes on its street—providing ample room within a mature, established neighbourhood. The home presents a grounded opportunity: it's a property that stands out locally for its size and value within the community, rather than as a city-wide luxury offering. It would suit a buyer looking for a character home with generous interior space, who values the convenience and community feel of a central Winnipeg neighbourhood like Daniel McIntyre. This isn't a sprawling suburban lot, but a home for someone who prioritizes interior square footage and location over a large yard.

Frequently Asked Questions

How does the home’s age affect maintenance?
Constructed in 1914, the home is over a century old. Prospective buyers should budget for and anticipate maintenance consistent with a character home, such as potential updates to original plumbing or electrical systems, even with a renovated basement. A thorough inspection is essential.

Is the assessed value a reliable indicator of the sale price?
The most recent sale was in August 2022 for $32,500. The current assessed value is $26,300. In dynamic markets, assessed values can lag behind actual sale prices, so this figure should be used as a baseline for municipal taxation, not as a definitive market price.

How does the living space compare to nearby homes?
The 1,726 sqft of living area is a significant advantage. It is notably larger than the average for both Banning Street (~1,228 sqft) and the wider Daniel McIntyre area (~1,142 sqft), meaning you get more interior space than most comparable homes in the immediate vicinity.

What is the significance of the lot size?
The lot is approximately 2,905 sqft, which is very typical for the street and neighbourhood. This indicates a standard urban lot with a manageable yard—ideal for low-maintenance outdoor space but not for extensive private landscaping or expansions that require significant setback room.

What can nearby sales tell us?
Recent sales of similar-sized homes on nearby streets (like 621 Alverstone St.) can provide a clearer picture of current market value in this specific pocket of Daniel McIntyre. These "comps" are often more relevant than city-wide averages for determining a realistic price range.