70 Furby Street – Property Summary

Section One: Key Characteristics & Buyer Profile

This is a large, older home in Winnipeg’s West Broadway area that stands out primarily for its size and lot. At 2,861 square feet of living area, it ranks in the top 1% citywide and the top 5% on its own street. The land is equally generous: 6,131 square feet, which is top 4% in the neighbourhood and well above the local average. The assessed value of $439,000 is high for the street and area, but only mid-range citywide—meaning you’re getting significantly more space and land than typical for the price point.

The building itself dates to 1902, which is older than most homes on Furby Street and far older than the citywide average. That’s a trade-off: you get character, high ceilings, and established construction, but also likely need to budget for maintenance, updating, or system replacements.

Who it suits: Buyers who value space—both indoor and outdoor—over modernity. Families or households needing room to spread out, or someone looking for a property with renovation or addition potential, especially given the large lot. It’s less suited to anyone wanting a turnkey, low-maintenance home or seeking the newest finishes.

Section Two: Five Possible FAQs

1. How does the assessed value compare to similar homes in the area?
The home is assessed at $439,000, which is well above the West Broadway average of roughly $295,000 and the Furby Street average of $238,500. Citywide, it’s in the top 30%, so while the assessment is high relative to the immediate neighbourhood, it’s not unusually expensive by Winnipeg standards when you account for the size.

2. Is the year built a concern for buyers?
The home was built in 1902, which makes it one of the older properties on the street. Age can mean solid original materials (like old-growth lumber), but it also increases the likelihood of older electrical, plumbing, or insulation systems. Buyers should budget for a thorough inspection and potential upgrades, though many century homes in this area have been partially modernized.

3. How does the lot size compare to other properties in West Broadway?
The lot is 6,131 square feet, which is over 50% larger than the neighbourhood average of about 3,954 square feet. It ranks in the top 4% locally. This is a standout feature—most homes on similar-sized lots have either been subdivided or redeveloped.

4. What’s the neighbourhood like, and are there any drawbacks?
West Broadway is a central, diverse neighbourhood with easy access to downtown, the Exchange District, and Assiniboine Park. It’s walkable but has a mix of older housing stock and some areas with higher rental turnover. Parking and street conditions can vary, and the area’s character is more urban than suburban—worth visiting at different times of day to get a feel for the block.

5. How does this property rank against other homes citywide for value?
Living area ranks in the top 1% citywide, and land area in the top 28%. The assessed value, however, is only in the top 30%. This suggests the property offers above-average space per dollar compared to many Winnipeg homes, though the age and condition of the building are important context for that equation.