Property Overview & Appeal

This 1,114 sqft one-and-a-half storey home, built in 1918, presents a classic character property in Winnipeg's King Edward neighbourhood. Its key appeal lies in its efficient, above-average living space for the immediate area and its position as a potentially more accessible entry point into the market. With an assessed value of $210k, it sits below the city-wide average, suggesting a different value proposition than newer or larger suburban homes.

The home would suit a first-time buyer, an investor, or a downsizer looking for a practical footprint without a premium price tag. Its charm is rooted in its established neighbourhood context rather than standout modern specs. A thoughtful perspective is that while the lot size is modest compared to city norms, it is fairly typical for the street, offering lower maintenance—a trade-off that aligns with a simpler, more urban lifestyle. The 1918 build date means it has stood for over a century, implying solid craftsmanship but also placing the onus on the buyer to understand and appreciate the upkeep of an older home.

Frequently Asked Questions

1. Is this a good value compared to other homes?
Value is relative. For King Edward and Ferry Road specifically, the living space is above average for the area, while the assessed value is around or below average. This suggests you may get more interior space for your dollar here compared to immediate neighbours, but the property is priced below the Winnipeg average overall.

2. What should I know about a house built in 1918?
Expect character and solid construction, but also prioritize inspections for aging components like wiring, plumbing, and the foundation. Original features may be present, but updates over the last century will significantly shape the home's current condition.

3. The lot seems smaller than average. Is that a problem?
The 2,685 sqft lot is below the city-wide average but is fairly typical for the street and neighbourhood. This means lower outdoor maintenance, but less private space. It's a feature that aligns with a more compact, urban setting.

4. Who would this property suit best?
It's well-suited for a pragmatic buyer: a first-timer entering the market, an investor looking for a rental property in an established area, or someone downsizing who values a manageable space and lot without the premium of a newer build.

5. How can I find out what it actually sold for in the past?
The listed sale history shows estimated price ranges. To obtain the exact sold price, you must request it directly via email from the source of this data, as it is not publicly disclosed in detail on the site.