Property Overview: 805 Goulding Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 805 Goulding Street in the Minto neighbourhood presents a specific and practical value proposition. Built in 1946, its key appeal lies in its proportionally large lot (3,838 sq ft), which is notably above average for both the street and the local area. This offers valuable outdoor space and potential in a city where lot sizes are typically smaller. The living area (780 sq ft) is compact and efficient, aligning with the scale of the immediate street but below the broader city average, indicating a cozy, manageable footprint.

The home’s assessed value is consistently around the average for its immediate vicinity, suggesting it is priced in line with the local market rather than carrying a premium or a significant discount. A thoughtful perspective is that this property represents a "land-value" opportunity within its context—you are acquiring a sizable parcel in an established neighbourhood. The house itself, being newer than many on the street and in Minto, may have benefited from updates over its 80-year life, though specific condition details would require viewing.

This property would best suit first-time buyers or practical investors seeking an entry into the market with a focus on land potential over interior square footage. It’s also a fit for those who prefer a smaller home to maintain and lower associated property taxes, but who still want a generous yard for gardening, pets, or future expansion.

Section 2: Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value ($24,900) is for municipal tax purposes and is typically lower than market value. The last known sale was between $200k-$250k in 2019. The selling price will be determined by current market conditions, the home’s state, and buyer demand.

2. Is the smaller living area a concern?
At 780 sq ft, the home is cozy. It’s efficient for individuals, couples, or small families. The trade-off is the larger-than-average lot, which can extend living space outdoors and offers future potential.

3. What does the "above average" year built ranking mean?
Built in 1946, this home is newer than most on Goulding Street (avg. 1937) and in the Minto area (avg. 1933). This could imply relatively newer infrastructure, like plumbing or electrical, though a full inspection is essential.

4. Are property taxes here high?
Given the relatively low assessed value compared to the citywide average, the municipal tax burden for this property is likely proportionally lower than for a newer or larger home in suburban areas.

5. What is the neighbourhood like?
Minto is an established, central neighbourhood. The data shows very consistent home sizes and values on Goulding Street itself, indicating a stable, uniform streetscape with homes of similar scale and vintage.