Property Overview

This home at 721 Garfield Street N in Winnipeg's Minto neighborhood presents a classic, well-situated property. Built in 1942, its 1,100 square feet of living space and 3,170 square foot lot are very typical for its immediate area, offering a sense of consistency and established community character. The appeal lies in its solid, middle-of-the-road positioning within the local market—it's not an outlier but a representative home in the area. This is further highlighted by its assessed value, which ranks above average for the Minto neighborhood, suggesting it is viewed favorably in a local context even if it sits below the wider city average. The home last sold in the 2020 price range of $250k-$300k.

It would suit a practical first-time homebuyer or an investor looking for a straightforward, no-surprises property in a mature neighborhood. Its metrics indicate it's a standard offering for the street and area, making it a sensible choice for someone seeking value and predictability over unique features or a large lot. A less obvious perspective is that its "average" size and lot for the area could be a positive for maintenance costs and utility bills, while its above-average assessment for Minto might indicate better-than-average upkeep or incremental improvements compared to its closest peers.

Frequently Asked Questions

1. How does this home compare to others on the street?
The data shows this property is very aligned with its immediate neighbors. Its living area, lot size, and assessed value are all around the average for Garfield Street N, meaning it's a typical home for the block.

2. The assessed value seems low compared to the city average. Why?
The city-wide average assessed value is skewed higher by newer, larger homes in different areas. Within its own Minto neighborhood, this home's assessment actually ranks above average (Top 24%), indicating it holds relative value in its local market context.

3. What should I know about a house built in 1942?
While the home is well-maintained enough to have an above-average assessment for the area, a build date of 1942 means prospective buyers should pay special attention to the condition of major systems (like plumbing, electrical, and the foundation) during an inspection, as updates may be needed or planned for.

4. Is the lot size a constraint?
At 3,170 sq ft, the lot is standard for both the street and the Minto area. It provides adequate outdoor space for a garden or patio but is below the city-wide average. It suits those preferring a lower-maintenance yard.

5. How can I find out the exact past sale price?
The exact sold price is not publicly displayed. The listing service offers to provide it manually via email upon request, with a stated aim to reply by the end of the same business day.