Property Overview: 782 Victor Street, Winnipeg

Key Characteristics & Appeal

This well-situated two-and-a-half storey home in Daniel McIntyre offers a blend of historic charm and practical updates. Its primary appeal lies in its generous, above-average living space of 1,985 sq ft, which places it within the top tier of homes locally. The property features an attached garage and a renovated basement, adding valuable functional space. Built in 1905, it is a classic character home for the neighborhood, sitting on a standard city lot.

The home suits buyers looking for substantial interior space without a premium price tag, as evidenced by its recent sale price being significantly below the citywide average. It’s an ideal match for those who value established, central communities and are seeking a project-friendly home with good bones. A thoughtful perspective is that while the lot size is modest compared to suburban standards, it offers manageable upkeep, allowing owners to invest more time and resources into enjoying and personalizing the spacious interior. Its strong ranking for living area against immediate neighbors suggests it stands out as a roomy option in the area, perfect for growing families or those needing a home office or creative space.

Frequently Asked Questions

1. How does the home’s size compare to others in Winnipeg?
With 1,985 sq ft of living area, this home is larger than approximately 89% of properties citywide, placing it firmly in the top 11%. It offers significantly more space than the typical Winnipeg home.

2. The assessed value seems low. What does this indicate?
The municipal assessed value is used for tax purposes and often doesn't reflect market value directly. Its lower assessment relative to the city average is common for older homes in central neighborhoods and may contribute to a relatively lower property tax burden compared to newer homes of similar size.

3. What should I know about a house built in 1905?
While offering classic character, a home of this age will likely have older systems (like plumbing and wiring) that may have been updated over time. A thorough inspection is essential to understand the condition of these elements and the home’s structure, balancing charm with modern functionality.

4. Is the lot size a limitation?
At 2,342 sq ft, the lot is typical for the central Daniel McIntyre area but below the Winnipeg suburban average. This means smaller outdoor maintenance but also limited space for extensive additions or sprawling gardens. It emphasizes efficient use of space and a more urban lifestyle.

5. The home recently sold. What can the sale price tell me?
The recent sale price provides a concrete market value benchmark from August 2024. It can be used to gauge current value trends for similar, character-filled homes in the area and indicates the price point at which a buyer found the property’s space and location compelling.