Property Overview: 235 Berry Street, Winnipeg

Key Characteristics & Appeal

This one-and-a-half storey home, built in 1918, presents a classic character property with significant practical advantages. Its key appeal lies in a combination of generous outdoor space and recent updates. The nearly 7,000 sqft lot is a standout feature, placing it in the top 2% of properties in the King Edward neighbourhood for land size, offering rare potential for gardening, expansion, or simply enjoying ample private space in the city. The home itself is modestly sized at 1,106 sqft, but benefits from a renovated basement, adding functional living area.

The property suits two primary types of buyers: first, the practical homeowner who values a large yard and a solid, updated foundation over a large interior footprint. Second, it appeals to the value-conscious buyer looking in the King Edward area, as the home's assessed value sits above average for the street and neighbourhood, suggesting a well-regarded asset in its immediate context. It’s a property where the land is the headline feature, offering a long-term benefit that the interior square footage alone might not convey.

Frequently Asked Questions

1. How does the property’s value compare to the wider city?
While the assessed value is strong for its street and neighbourhood, it is below the city-wide average. This highlights King Edward as a more affordable area and suggests you are paying primarily for the property itself—the house and its sizable lot—rather than a premium for a high-cost district.

2. The home was built in 1918. What should I consider?
While the basement has been renovated, the core structure is over a century old. Prospective buyers should budget for and prioritize inspections focused on the aging components typical for the era, such as the foundation, original plumbing, and wiring, even if some updates are in place.

3. What does the sold price history indicate?
The home has sold twice in recent years (2021 and 2024), each time at a price consistent with its assessed value. This suggests a stable, transparent market valuation without extreme fluctuations, which can be a positive sign of predictability.

4. The lot is unusually large for the area. What are the implications?
This is a major asset. It provides privacy, space for additions like a garage or garden suite (subject to zoning), and simply more room than most nearby properties. However, it also means a higher proportion of the property’s value is in the land, and maintenance of the outdoor space will be a consistent responsibility.

5. Who are the comparable properties provided?
The listings for 233 Brooklyn Street and 210 Queen Street show similar vintage homes in the same neighbourhood, offering a direct sense of alternatives. The key differentiator for 235 Berry Street will be its significantly larger lot size compared to these and most other local options.