73 Furby Street – Property Summary

Key Characteristics & Suitability

This is a 1906-built home in West Broadway with 2,532 sq. ft. of living space on a 4,932 sq. ft. lot. What stands out immediately is the living area: it’s in the top 3% citywide, well above the average for comparable homes in Winnipeg. The lot is also notably large for the street and neighbourhood—ranked in the top 16% and 20% respectively—which gives it breathing room that many nearby properties lack.

The assessed value of $316k sits above the street average ($238.5k) and slightly above the neighbourhood average ($295.4k), but is below the citywide average for comparable homes ($390.1k). This creates an interesting dynamic: you’re getting a home with premium interior space and a good-sized lot, but the assessed value suggests it hasn’t yet caught up to the scale of the property itself. That gap may appeal to buyers looking for underlying value or potential.

The house is older than most in the city (top 98% for age), but within the neighbourhood it ranks above average for its era—meaning it’s not an outlier on its own street. For buyers who appreciate character homes with generous proportions and aren’t put off by the maintenance that comes with a century-old structure, this property offers a combination of space and lot size that is genuinely rare at this price point.

It would suit someone who values square footage over turn-key condition, and who is comfortable with a home that may require updates or system upgrades over time. It’s less suited for someone seeking a low-maintenance, move-in-ready property in a newer development.

Five Possible FAQs

1. How does the assessed value compare to similar homes in the area?
The assessment is above the street average but below the citywide average for comparable homes. That suggests the property may be undervalued relative to its living area and lot size, though assessments don’t always reflect current market conditions.

2. Is this home located in a heritage or conservation district?
The data doesn’t indicate any heritage designation, but given the 1906 build date and the West Broadway location, it’s worth checking with the city before planning major exterior changes. Many older neighbourhoods have zoning nuances.

3. What’s the typical condition of homes built in 1906 in this area?
Homes of this age vary widely. Some have been fully renovated, others are largely original. The property ranks above average for its street and neighbourhood in terms of age, which may mean it’s been better maintained than some neighbors, but a thorough inspection is essential.

4. How does the lot size compare to newer suburban homes?
While the 4,932 sq. ft. lot is large for West Broadway, it’s below the citywide average of 6,570 sq. ft. for comparable homes. That’s typical for infill neighbourhoods—you trade some yard space for proximity to amenities and a central location.

5. What should I know about the neighbourhood before buying?
West Broadway is a dense, walkable area close to downtown, with a mix of older homes and new infill. It’s diverse and relatively affordable compared to other central Winnipeg neighbourhoods. Street-level rankings show above-average living area and lot size, which suggests the block itself is fairly stable—but it’s always worth visiting at different times of day to get a feel for the area.