| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 1953 （73 years ago） | Top 62%57/92 Avg1989 Top 6%5/77 Avg1937 Top 95%25627/26841 Avg1990 22-434 Sherbrook Street: For Year Built. On Sherbrook Street, around average — Top 62%, rank 57 of 92, and comparable homes in that group average about 1989. in St. Matthews, above average — Top 6%, rank 5 of 77, and comparable homes in that group average about 1937. citywide, below average — Top 95%, rank 25627 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 496 sqft | Top 97%89/92 Avg658 sqft Top 96%74/77 Avg664 sqft Top 99%26551/26841 Avg1,042 sqft 22-434 Sherbrook Street: For Living Area. On Sherbrook Street, below average — Top 97%, rank 89 of 92, and comparable homes in that group average about 658 sqft. in St. Matthews, below average — Top 96%, rank 74 of 77, and comparable homes in that group average about 664 sqft. citywide, below average — Top 99%, rank 26551 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 8.10k | Top 93%86/92 Avg14.90k Top 73%56/77 Avg10.30k Top 99%26627/26841 Avg25.60k 22-434 Sherbrook Street: For Assessed Value. On Sherbrook Street, below average — Top 93%, rank 86 of 92, and comparable homes in that group average about 14.90k. in St. Matthews, below average — Top 73%, rank 56 of 77, and comparable homes in that group average about 10.30k. citywide, below average — Top 99%, rank 26627 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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Property Overview
This is a compact, 496 sqft unit in a well-established 1953 building at 22-434 Sherbrook Street in Winnipeg's St. Matthews neighbourhood. Its primary appeal lies in its exceptionally low financial footprint, underscored by an assessed value of $8,100, which ranks in the top 1% for affordability on its street and across the entire city. The unit lacks a basement and garage, positioning it as a minimalist urban dwelling.
It would suit a very specific buyer: an investor looking for a low-cost rental addition, a first-time buyer seeking an entry point into the market with minimal property tax, or someone who values location over space and desires a simple, central pied-à-terre. Its top-tier affordability rankings present a unique opportunity, but the very small living area—ranking in the bottom 1% for size locally—means it is a trade-off. A thoughtful perspective is that this property represents pure utility; it’s for securing an address in a central neighbourhood without the burden of a large mortgage, ideal for those who prioritize life outside their front door over space inside.
Frequently Asked Questions
1. What does the assessed value tell me about this property?
The $8,100 assessment is extremely low, indicating very modest municipal property taxes. It reflects the unit's small size and likely basic condition, not a market sale price. Buyers should budget for renovations and base their offer on comparable sales, not the assessment.
2. Who is this property not suited for?
It is not suited for families, those needing storage or parking, or anyone uncomfortable with very compact living. The lack of basement and garage limits utility and storage options significantly.
3. The rankings show it's top 1% for affordability but bottom 1% for size. What's the trade-off?
You are trading space for cost and location. You gain one of the most affordable property tax bills in Winnipeg and a central address, but you must be content with minimal square footage and likely need to invest in space-efficient design.
4. What should I investigate about the building itself?
Crucial due diligence includes reviewing the condo or co-op association's financial health (reserve fund, fees), rules, and the condition of shared building systems (roof, plumbing, heating). The age of the building (1953) means potential for major repairs.
5. The "similar assessed value" list shows properties across Winnipeg. Is that useful?
It confirms this assessment is at the absolute low end city-wide, but isn't useful for comparing living conditions or value. For a true comparison, focus on the "People also viewed" list, which shows similarly central, often character homes, to understand what slightly more budget can secure in the area.
Address · Distance
Address · Assessed Value