Property Overview: 854 Minto Street, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 854 Minto Street presents a solid, above-average offering within its immediate Minto neighbourhood. Built in 1949, it is a newer home compared to many on its street and in the area, which may suggest updated infrastructure or fewer concerns associated with very early-century construction. With 1,201 square feet of living space, it provides more room than most comparable homes in Minto, ranking in the top 29% locally. The lot size of 3,733 sqft is also generous for the area, offering good outdoor space.

The appeal lies in its strong local standing. Its assessed value ranks in the top 19% for the Minto area, indicating it is considered a higher-value property within this community. This creates an interesting dynamic: while it stands out positively on its own street and in Minto, it sits below the city-wide average for assessed value, highlighting it as a potentially more accessible entry point into the market compared to the Winnipeg average. The home last sold between $300k-$350k in 2021.

This property would suit a practical buyer looking for a well-positioned home in a established neighbourhood without a premium city-wide price tag. It’s ideal for someone who values space and a relatively newer build for the area, and whose primary focus is on getting good value and livability within the Minto community itself.

Section 2: Frequently Asked Questions

1. What does the assessed value ranking actually mean for me?
While the assessed value is for municipal tax purposes, its high rank in Minto (Top 19%) suggests the property is considered one of the more substantial in the neighbourhood. However, its below-average rank city-wide indicates your tax assessment—and potentially your purchase price—may be lower than the Winnipeg average, which can be an advantage.

2. The home was built in 1949. What should I consider?
Although 77 years old, this home is newer than many in Minto (top 13% for year built). This is a relative positive, but a thorough inspection is still essential to understand the condition of the roof, plumbing, electrical systems, and any past updates.

3. How does the lot size compare?
At 3,733 sqft, the lot is above average for Minto. This means more private outdoor space than many neighbouring properties, which is a valuable asset in a mature neighbourhood.

4. What can nearby sales tell me?
The home at 829 Minto Street, built the same year with identical living area and a very similar assessed value, is listed as “worth viewing.” This provides a direct comparison point and suggests this property’s specs are consistent with other desirable homes on the street.

5. Why is the city-wide data so different from the local data?
This contrast is key. The home performs very well within Minto but appears modest in city-wide metrics (e.g., living area is average, assessed value is below average). This underscores that the property’s value is deeply tied to its local context, offering above-average neighbourhood features at a price point that may be below the city's norm.