Property Overview: 386 Seymour Street, Winnipeg

Key Characteristics & Appeal

This 928 sqft home at 386 Seymour Street presents a compelling mix of relative modernity and established neighborhood value. Built in 1974, it is a notably newer construction compared to most homes on its street and in the Robertson neighborhood, where average build dates are 1935 and 1949 respectively. This is a significant, less obvious advantage, suggesting potentially fewer concerns with aging infrastructure common in century-old homes.

Its assessed value of $294k sits above the street average but below the Winnipeg citywide average, positioning it as a premium property on its immediate block while remaining accessible within the broader market. The living area is consistent with local norms but smaller than the city average, indicating a efficient, manageable footprint. The lot size is modest, especially compared to citywide standards, which translates to lower maintenance.

The appeal lies in its "big fish in a small pond" stature on Seymour Street—offering a newer, well-valued home in an older, established area. It recently sold for an estimated $300k–$350k, confirming strong buyer interest. This property would suit first-time buyers or downsizers seeking a low-maintenance, modern-built home without venturing to the distant suburbs, or an investor looking for a relatively newer asset in a central neighborhood with stable values.

Frequently Asked Questions

1. How does the 1974 build year affect this home compared to its neighbors?
This is a major advantage. Being decades newer than most surrounding homes often means updated electrical, plumbing, and structural standards, potentially reducing immediate repair costs and renovation needs.

2. The living area is below the city average. Will the house feel small?
At 928 sqft, it's in line with the local area averages (941 sqft on the street, 977 sqft in Robertson). It offers a efficient layout typical of its era and is likely well-suited for individuals, couples, or small families who prioritize manageable space and upkeep.

3. Why is the assessed value so much higher than the street average?
The above-average assessment ($294k vs. $244.8k street average) directly reflects its newer construction and likely better condition. Assessed value incorporates property characteristics, and a 1974 build is a significant positive factor compared to the pre-war homes that dominate the street.

4. What does the modest lot size (3,000 sqft) mean for me?
It means less yard work and lower exterior maintenance costs. While not suited for extensive gardening or large additions, it provides a manageable outdoor space. This is a practical feature for those seeking a home, not a large piece of land to manage.

5. How can I get the exact sold price?
The public data shows a sold price range. Due to industry regulations, exact sale figures are not published online here. You can request the exact sold price history via email from the site; they provide it manually without using your contact information for marketing.