Property Overview: 653 Goulding Street, Winnipeg

Key Characteristics & Appeal

This home at 653 Goulding Street in the Minto neighbourhood is a practical, century-old property built in 1926. Its key appeal lies in its position as an affordable entry point into the Winnipeg market. With 824 square feet of living space, the house is compact yet functional, ranking around average for size on its own street. The lot, at 2,411 square feet, is modest and typical for the central area, offering manageable outdoor space with lower maintenance demands.

The most striking characteristic is its assessed value of $21,300, which is notably below average for the street, neighbourhood, and city. This suggests a potentially lower property tax burden and represents a accessible price point. Its last known sale was between $150,000-$200,000 in 2019. The home suits first-time buyers or investors seeking a straightforward, no-frills property where value is defined more by affordability and location than by size or modern finishes. It also appeals to those who prefer a smaller, character home that is efficient to heat and maintain, viewing its age as a mark of established community roots rather than just a drawback.

Frequently Asked Questions

1. What does the below-average assessed value mean for me?
A lower assessed value typically translates to lower municipal property taxes. However, it can also indicate that the home may require updates or improvements compared to neighbouring properties.

2. How does the living space compare to a typical home?
At 824 sq ft, this home is smaller than the average house in Winnipeg (1,342 sq ft). It is more comparable to a large two-bedroom apartment or a compact bungalow, prioritizing efficient use of space over expansiveness.

3. Is the lot size a disadvantage?
The 2,411 sq ft lot is smaller than many in the city but is fairly standard for older, central neighbourhoods like Minto. It means less yard maintenance but also limited space for major expansions, large decks, or extensive landscaping.

4. The home is 100 years old. What should I consider?
While the structure has proven its durability, a home of this age will likely have older systems (like plumbing and wiring) and may require careful inspection for foundational integrity, insulation, and window efficiency. Its "around average" age for Minto means local trades may be familiar with its style of construction.

5. How can I find out the exact past sale price?
The provided sale price is a public data range. To obtain the precise sale price from 2019, you can use the email request service offered on the listing page, which provides manually verified figures.