Property Overview: 669 McGregor Street, Winnipeg

Key Characteristics & Appeal

This home presents a distinct profile defined by its contrasts. At 741 sq ft, the living space is notably compact, ranking well below average for its street, neighborhood, and the wider city. This is balanced, however, by a high assessed value of $347,000, which ranks in the top 2% on its street and the top 8% in the Jefferson area. Built in 1963, it is a much newer construction than most immediate neighbors. The lot size of 3,131 sq ft is typical for the street but smaller than most in the broader area.

The appeal lies in this unique positioning. It is a modern, highly-valued home on a street with many older, lower-valued properties, suggesting significant updates or premium features not reflected in square footage. It suits a specific buyer: someone seeking a move-in ready, modernized home in Jefferson without a large footprint to maintain. It’s ideal for a small household, a first-time buyer prioritizing quality over space, or an investor attracted by its standout valuation in the local context. A thoughtful perspective is that its high value on a modest street could indicate either a superior condition that lifts the area or a price point that demands careful comparison to recent sales for validation.

Frequently Asked Questions

1. Why is the assessed value so high compared to the home's size and neighbors?
The assessed value is likely driven by major renovations, high-quality finishes, additions, or unique features not captured by living area alone. It suggests the property is in a substantially upgraded condition relative to others on the street.

2. Is the smaller living area a concern?
It depends on your needs. The home offers efficient, modern living in a manageable space, which can mean lower utility and maintenance costs. It is best suited for individuals, couples, or small families.

3. How does the 1963 build year compare to the area?
This is a key feature. Built in 1963, the home is significantly newer than the average home on McGregor Street (avg. ~1925) and in Jefferson (avg. ~1948). This often means updated core systems (like plumbing and electrical) and potentially less immediate need for major retrofits.

4. What does the lot size mean for outdoor space?
At just over 3,000 sq ft, the lot provides a standard backyard for the immediate street. However, it is smaller than most lots in the wider Jefferson area and city, so expectations should be set for a modest, manageable outdoor space rather than an expansive yard.

5. How can I verify the actual market value and sales history?
The provided data is based on public assessments. For verified sales history and exact comparable sold prices, you must request a manual lookup from the site via email, as this information is not sourced from the MLS and is not displayed publicly.