Property Overview

This 1923 home on Winona Street in Victoria West presents a solid, grounded opportunity in the Winnipeg market. At 1,096 sqft, its living space is notably above average for the immediate neighborhood, offering more room than many nearby homes. With an assessed value of $282k, it sits comfortably around the average for its street and area but stands out as being significantly more affordable than the Winnipeg citywide average, which nears $400k. The lot size of 3,660 sqft is typical for the local area. The data paints a picture of a home that isn't an outlier in any single category but offers a balanced proposition: more interior space than many local comparables, at a value that is distinctly accessible within the broader city context. Its appeal lies in this equilibrium—a character home in a established neighborhood that provides practical space without the premium price tag of a newer or larger city-wide property.

It would suit practical, value-conscious buyers who prioritize neighborhood character and interior space over a massive lot or a modern build date. It's a strong candidate for first-time homeowners looking to enter a desirable area like Victoria West, or for downsizers seeking a manageable footprint without feeling cramped. The buyer should be comfortable with the maintenance considerations of a century-old home but can be reassured by its standing as a typical, well-integrated property on its street.

Frequently Asked Questions

1. Is this home a good value compared to others in Winnipeg?
Yes, from a city-wide perspective. Its assessed value is well below the Winnipeg average for comparable homes, which is over $390k. In its own neighborhood and street, however, its value is very much in line with the norm.

2. How does the living space compare to nearby homes?
This is one of the property's strengths. At 1,096 sqft, the living area is larger than the average home in both the Victoria West neighborhood and on Winona Street itself, meaning you likely get more interior room than many of your potential neighbors.

3. What should I know about the age of the home?
Built in 1923, it is older than most homes in Winnipeg, in Victoria West, and even slightly older than the average on its own street. This suggests a classic character home, but prospective buyers should factor in potential updates and maintenance typical of a house over a century old.

4. Is the lot size a drawback?
The lot is smaller than the Winnipeg average, but it is typical for the Victoria West area and only slightly below average for Winona Street. It represents a standard urban lot for the neighborhood, suitable for a garden and outdoor space without extensive upkeep.

5. What do these rankings actually tell me about the property?
They indicate how this home fits into its surroundings. The key takeaway is that it's a very "average" property for its immediate block and community in terms of value, lot, and age—but it offers "above-average" interior space for the area. It’s a stable, integrated property, not an anomaly.