Property Overview

This home at 657 Goulding Street in Winnipeg's Minto neighbourhood presents a distinct profile defined by its contrasts. Built in 1921, it is a century-old property on a modestly sized lot, yet it offers above-average interior space for its immediate area. Its appeal lies in this efficient use of space, providing more room than many neighbouring homes, within a historically established community. The assessed value is consistent with local norms but sits well below the Winnipeg city average, suggesting a potentially accessible entry point into the market.

The property would suit a practical buyer who values interior square footage over expansive outdoor land, and who is comfortable with the maintenance considerations of an older home. It's a straightforward option for a first-time homeowner or an investor looking at the Minto area, particularly for someone who studies value based on living space rather than lot size.

Key Characteristics & Appeal

• Space vs. Land: The standout feature is the 1,208 sqft living area, which ranks in the top 22% on its own street and top 28% in the Minto area—significantly above the local averages. This is contrasted by a smaller, 2,411 sqft lot that ranks in the bottom 10-15% locally. The home prioritizes interior room over yard space.
• Established Neighbourhood Context: With a 1921 build date, the home is older than most on its street and in the city. It fits within the fabric of Minto, where the average home age is from the 1930s. Buyers should appreciate the character and stability of an older community while budgeting for appropriate upkeep.
• Value Position: The assessed value of $25,500 is unremarkable locally but is far below the Winnipeg city average, highlighting the affordability of the Minto area relative to the broader market. Previous sale data shows a significant increase in value between 2016 and 2022, indicating positive momentum.

Frequently Asked Questions

1. Is the smaller lot size a major drawback?
It depends on your lifestyle. The lot is smaller than most in the area, which means less yard maintenance but also limited private outdoor space. The trade-off is that the home itself offers more interior space than its neighbours.

2. What should I consider with a home built in 1921?
While offering classic charm, a home of this age will likely have older infrastructure. A thorough inspection is essential to understand the condition of the foundation, plumbing, electrical systems, and insulation. Modernizations and repairs over the years will be a key factor in its current state.

3. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. The historical sale prices (e.g., $300k-$350k in 2022) are a more current indicator of market value, though the final price will depend on present market conditions.

4. The data shows sold prices as a range. How can I get the exact figure?
The exact sale prices are not publicly listed in detail. As noted on the listing, you can request this information directly via email from the service, which maintains a private database of precise transaction records.

5. How does this home compare to others in Winnipeg?
The data reveals a clear pattern: this home is more notable within its immediate Minto context than city-wide. Its living space is above average locally but near the city median, while its lot size and assessed value are well below Winnipeg averages. This underscores it as a very neighbourhood-specific proposition.