Property Overview: 832 Minto Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct profile defined by its historical roots and practical metrics. Built in 1914, it is a century-old property, making it notably older than most homes on its street and across Winnipeg. This age suggests potential for classic architectural character but also implies a buyer should be mindful of maintenance and updates.

Its living space of 1,168 sq ft is comfortably above the average for Minto Street, offering more room than many immediate neighbours. However, the lot size is modest, especially compared to the city-wide average. The most striking figure is the assessed value of $21,500, which is significantly below averages for the street, neighbourhood, and city. This combination creates a specific appeal: it is a larger-than-average home for the area at a very low municipal valuation, which can translate to lower property taxes.

This property would suit a pragmatic buyer, such as a hands-on homeowner unafraid of the upkeep of an older house, or an investor looking for a entry-point into the market. Its value proposition lies in space and price rather than modern finishes or a large yard. It’s a home for those who see potential in fundamentals and are less concerned with the property ranking highly on conventional metrics.

Section 2: Frequently Asked Questions

1. What does the low assessed value mean for me?
A low assessed value typically results in lower municipal property taxes, which is a recurring annual saving. It is important to note that assessed value is not market value; the eventual sale price is determined by buyer demand.

2. As a 1914 home, what should I be prepared for?
While offering charm, a home of this age will likely have older infrastructure. A thorough inspection is essential to understand the condition of major systems like wiring, plumbing, and the foundation. Budgeting for ongoing maintenance and potential updates is wise.

3. The living area is above street average, but the lot is modest. What’s the effect?
This means the house itself offers good interior space relative to the neighbourhood, but outdoor private space is limited. The focus here is on the home’s footprint rather than the yard.

4. How useful are the provided comparisons to nearby homes?
The comparisons show this home is unique. It has more living space than the listed comparable on Goulding Street but a lower assessed value than the one on Minto Street. This underscores the importance of viewing the property in person to understand what factors drive these differences.

5. Why is the exact sale price history not publicly listed?
Sale price data can be inconsistently reported in public records. The offer to provide it manually via email is a service to ensure you receive accurate historical data, not a marketing tactic. You can request it to inform your understanding of market trends for the specific property.