Property Overview: 703 Strathcona Street, Winnipeg

Key Characteristics & Appeal

This home at 703 Strathcona Street in the Minto neighbourhood is defined by its strong local standing and classic character. Built in 1911, it is a well-established property with a living area of 1,221 sqft, which is notably above average for both its immediate street and the broader Minto area. Its assessed value also ranks highly within these local contexts. The lot size of 3,076 sqft is typical for the area.

The primary appeal lies in its relative size and value within a specific, established community. You are purchasing a home that stands above its direct peers in key metrics, suggesting a solid investment within the neighbourhood fabric. It last sold in the 2024 price range of CA$300k–350k.

This property would suit a practical buyer who values space and character in a mature neighbourhood over a new build. It’s ideal for someone looking for a home with established roots, where the investment is supported by strong local comparables rather than city-wide trends. A thoughtful perspective is recognizing that while its age places it in the bottom tier city-wide, this is a common feature of the area and contributes to the neighbourhood's established charm and likely more affordable entry point.

Frequently Asked Questions

1. How does this home compare to others nearby?
The data shows this home ranks very well on its street and in the Minto area for both living space and assessed value, placing in the top 25-30%. This indicates it is a larger and more valuable property compared to most of its immediate neighbours.

2. What does the assessed value mean for property taxes?
The assessed value for municipal taxes is $27,700. This is a key figure used to calculate your annual property tax bill. It's important to note this is not the market value; the home sold for between $300,000 and $350,000 in 2024.

3. The home was built in 1911. Should I be concerned?
The age is a significant factor. While it contributes to the home's character, it necessitates a thorough inspection to understand the condition of major systems (like plumbing, electrical, and foundation) and the potential need for updates or maintenance that are typical for a house of this era.

4. Is the lot size a pro or a con?
At just over 3,000 sqft, the lot is very typical for the Minto area. It provides a manageable outdoor space but is below the Winnipeg city-wide average. It suits those wanting a lower-maintenance yard but may not appeal to those seeking extensive private outdoor space.

5. How can I find out the exact past sale price?
The provided sale price is a range based on public data. You can request the exact historical sold price by submitting your email via the "Get exact sold price history" button on the listing page. The service promises a manual reply with the accurate figure, typically by the end of the same day.