Property score
How it stacks up
Detailed ranking analysis ▼
Street Level (Princess Street): Above Average. Ranked #2 out of 71 (Top 3%). The street average for comparable homes is 1,018 sqft.
Neighborhood Level (Exchange District): Above Average. Ranked #59 out of 439 (Top 13%). The neighborhood average for comparable homes is 1,125 sqft.
Citywide Level (Winnipeg): Above Average. Ranked #1,509 out of 26,841 (Top 6%). The citywide average for comparable homes is 1,042 sqft.
Street Level (Princess Street): Above Average. Ranked #3 out of 71 (Top 4%). The street average for comparable homes is 302.6k.
Neighborhood Level (Exchange District): Above Average. Ranked #76 out of 439 (Top 17%). The neighborhood average for comparable homes is 344.4k.
Citywide Level (Winnipeg): Above Average. Ranked #2,729 out of 26,841 (Top 10%). The citywide average for comparable homes is 276.9k.
Street Level (Princess Street): Above Average. Ranked #12 out of 71 (Top 17%). The street average for comparable homes is 1909.
Neighborhood Level (Exchange District): Below Average. Ranked #241 out of 439 (Bottom 45%). The neighborhood average for comparable homes is 1925.
Citywide Level (Winnipeg): Below Average. Ranked #26,605 out of 26,841 (Bottom 1%). The citywide average for comparable homes is 1990.
Exchange District market pulse
How to read: Share of sales in each ~$50k price band for “exchange district” (Condos, 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
- Exact sold prices
- Detailed market analysis
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- Neighbourhood insights
- Recent sold count in the area
Who lives in this neighbourhood
Transit, amenities & safety
Nearby Amenities
402-110 Princess Street — 71 amenities found within 500 m, across 8 categories, including 48 dining (nearest 40 m), 3 education (nearest 220 m), 6 shopping (nearest 337 m).
Crime & safety
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Related homes
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Is this home right for you?
Property Overview & Appeal
This condominium at 402-110 Princess Street is a distinctive property in Winnipeg's historic Exchange District. Its key characteristic is its exceptionally generous living space of 1,604 sqft, which places it in the top 3% of units on Princess Street and the top 6% citywide. This sets it apart from the typical condo offering. The building itself dates back to 1907, offering authentic historic character. Despite its age, the property maintains an assessed value that is above average for its area, suggesting well-maintained fundamentals.
The appeal lies in the rare combination of historic ambiance and expansive, modern-sized living areas within a condo format. It suits a specific buyer: someone seeking an urban lifestyle who prioritizes space over new construction, such as a professional needing a large home office, an art collector, or a buyer who values architectural heritage and is prepared for the nuances of a century-old building. A less obvious perspective is its potential as a "space value" proposition—where the cost per square foot in such a central location could compare favorably to newer, but much smaller, downtown condos.
Frequently Asked Questions
1. What are the monthly condo fees, and what do they cover?
This information is not provided in the available data. A direct inquiry with the property listing or condo corporation is essential to understand the fees and their specific inclusions (e.g., heat, water, building insurance, reserve fund contributions).
2. Are there any parking options with this unit?
The details page does not specify parking. In the historic Exchange District, parking can range from dedicated indoor spots to street permits or nearby lots. This is a critical point to clarify with the seller or property manager.
3. How recently have major building systems (roof, windows, plumbing) been updated?
Given the building's age (1907), understanding the state and upgrade history of major capital items is crucial. This information would typically be found in a recent reserve fund study or status certificate.
4. The last sale was in 2019 for $400k. Why is the assessed value so much lower?
Property assessments in Manitoba for tax purposes are not intended to reflect current market value. They are based on a mass appraisal system and can lag behind rapid market changes, especially in unique or historic properties. The sale price is a more direct indicator of market value at that time.
5. What is the building's policy on rentals or Airbnb?
This is a key question for both investors and owner-occupants concerned about building occupancy. The condo corporation's bylaws will outline any rental restrictions, which are common in many buildings.