Property Overview: 45 Barber Street, North Point Douglas, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of established value and neighborhood character. Built in 1945, it offers a manageable 1,259 sqft of living space on a near-4,000 sqft lot, placing it as a comfortably average-sized home for its immediate area. The standout characteristic is its assessed value of $231k, which ranks in the top 11% on its street and top 9% in North Point Douglas, indicating it is considered a higher-value property within this specific community. This suggests potential for above-average finishes, condition, or lot advantages compared to nearby homes.

Its appeal lies in being a substantial, well-regarded property within a historic and close-knit neighborhood. It suits a buyer looking for an established home with a sense of permanence and local standing, rather than a new construction. The recent sale history (sold in 2023 and previously in 2019) indicates it's a home that sees reasonable turnover, potentially offering opportunities for value appreciation in an area that may be transitioning. It’s ideal for a buyer who values neighborhood cohesion over a sprawling lot, and who understands that a higher assessment within the area can be a marker of relative quality, even if it's modest by city-wide standards.

Frequently Asked Questions

1. Why is the assessed value so high for the neighborhood?
The assessment of $231k is significantly above the local street and area averages. This typically reflects factors like the home's condition, improvements, specific lot features, or its size relative to other homes on the block, marking it as a premium property within North Point Douglas.

2. How does the lot size compare?
At 3,950 sqft, the lot is fairly typical for Barber Street and North Point Douglas, but below the Winnipeg city average. This means outdoor space is adequate for a garden or patio but may not suit those seeking extensive yard space.

3. What does the sale history tell us?
The home sold between $250k-$300k in mid-2023, and for $100k-$150k in early 2019. This indicates significant appreciation over that period and suggests a active market for well-positioned homes in the area.

4. Is the living space sufficient for a family?
At 1,259 sqft, the living area is slightly below the average for the street but very close to the area average. It represents a compact but functional footprint, likely suitable for a small family or couple.

5. How can I get the exact past sale prices?
The site provides sold price ranges publicly. To obtain the exact historical sale figures, you must request them directly via email, as this data is manually verified and not displayed online due to industry regulations.