Property Overview: 788 Goulding Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 788 Goulding Street in the Minto neighbourhood presents a compelling mix of space, value, and established character. Built in 1946, its key appeal lies in its generous 1,404 sqft living area, which is significantly above average for both its immediate street and the wider Minto area. This suggests a home that offers more room than many of its peers, potentially with a layout suited for a growing family or those wanting dedicated space for a home office or hobbies.

The property’s assessed value of $340k stands out as elite on Goulding Street, indicating it is perceived as a higher-value asset in its direct vicinity. This creates an interesting dynamic: you are acquiring a home that is both spatially larger and assessed as more valuable than most neighbours, yet it remains positioned within the broader city’s average price range. The lot size is typical for the area, offering a manageable yard without extensive maintenance demands.

This property would suit buyers looking for a character home with ample interior space in a mature neighbourhood. It’s ideal for someone who values being a step above the local norm in terms of size and perceived value, without venturing into the premium price brackets of newer city-wide developments. A thoughtful perspective is that this home represents an opportunity for value-conscious buyers to get more house for their money within a specific, established community, rather than competing in the wider city market where lot sizes are larger but prices are higher.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to neighbouring homes?
The assessed value of $340k is in the top 1% for Goulding Street. This typically reflects the home’s larger living area, along with factors like its condition, improvements, and specific attributes as evaluated by the assessor, making it a standout property on the block.

2. How does the 1946 build year affect the home?
While newer than many homes on the street and in Minto, an 80-year-old home will likely have a mix of original charm and updated elements. Prospective buyers should prioritize a thorough inspection to understand the state of major systems like plumbing, electrical, and the roof, which may be due for updates or replacement.

3. What does the sold price history (CA$350k–400k in 2022) indicate?
The previous sale in the $350k–400k range, above the current assessed value, suggests a strong market interest. It also provides a recent benchmark, indicating the price point at which a buyer was previously willing to invest in this specific home.

4. Is the lot size a limitation?
At 3,376 sqft, the lot is standard for Minto. It provides a decent backyard for a family or gardening but is not oversized. This is a trade-off: it offers lower maintenance than a large lot while still providing outdoor space, but may not suit those seeking extensive yard room.

5. How can I get the exact historical sold price?
The exact sold price is not publicly listed in detail. You can request it directly via the "Get exact sold price history" feature on the listing page by providing your email. The service states they will provide the accurate figure manually without using your contact for unsolicited marketing.