Property Overview: 195 Campbell Street, North River Heights, Winnipeg

Key Characteristics & Appeal

This home at 195 Campbell Street is a study in contrasts, defined by its historic character and its position relative to the neighborhood. Built in 1913, it is one of the older homes in North River Heights, offering classic charm but also implying a potential need for updates. With 1,309 sqft of living space, the home provides a comfortably sized interior that is quite typical for the immediate street and city-wide, but is somewhat smaller than the average for the broader North River Heights area.

Its primary appeal lies in its value proposition. The assessed value of $347k is notably below the averages for both Campbell Street and North River Heights, suggesting a more accessible entry point into this established neighborhood. This creates an opportunity for buyers who prioritize location over lot size, as the property sits on a 3,002 sqft lot, which is smaller than most in the area. The home last sold in late 2020 within the $350k-$400k range, indicating a stable value history.

This property would best suit a pragmatic first-time homebuyer or an investor looking for a character home in a desirable area without the premium price tag of larger, renovated properties. It’s also a candidate for someone with a vision for gradual updates who appreciates the narrative of a century-old home. The smaller lot means less yard maintenance—a subtle perk for those seeking a more lock-and-leave lifestyle within a family-oriented community.

Frequently Asked Questions

1. Why is the assessed value lower than the neighborhood average?
The assessment reflects a combination of the home's older age (1913), its smaller lot size, and its living area being modest for North River Heights. It indicates the property is likely not recently renovated and is valued as a more basic offering in a sought-after area.

2. What does the older year of built (1913) mean for me as a buyer?
It promises classic architectural character but also necessitates careful attention. A thorough inspection is crucial to understand the condition of major systems like wiring, plumbing, and the foundation. While it brings charm, it may also come with higher maintenance costs or a need for modernization.

3. The lot size is smaller than most nearby. Is that a major drawback?
It depends on your lifestyle. It means less private outdoor space for gardening or recreation, which could be a downside for some. However, it also translates to less yard work and lower landscaping costs, which can be an advantage for busy professionals or those seeking lower maintenance.

4. How does the living space compare to other homes?
At 1,309 sqft, the living area is very close to the average for Campbell Street itself and is fairly standard city-wide. However, it is below the average for the larger North River Heights neighborhood, where homes tend to be more spacious. This suggests efficient, but not expansive, interior space.

5. Where can I get the exact historical sold price?
The exact sold price is not publicly displayed due to industry regulations. You can request the full transaction history and exact figures by emailing the site directly. They will provide the information manually, typically by the end of the same business day.