Property Overview & Key Characteristics
This 1960-built, one-storey home in Agassiz sits on a large, 7,780 sqft lot, offering more land than 70% of properties on its street. With 1,635 sqft of living space and a renovated basement, it provides practical, single-level living. Its appeal lies in this combination of a spacious lot in a mature neighbourhood and the move-in readiness signaled by the updated basement. The home's assessed value is stable and sits comfortably above average for both the street and the wider Winnipeg area.
It would suit buyers looking for a grounded, established neighbourhood character without sacrificing interior updates. It's particularly well-matched for those seeking single-level living or who value a larger, private yard over a newer build date. A thoughtful perspective is that while the home itself is older, its lot size is a permanent asset that newer subdivisions often can't match, offering long-term value in outdoor space and potential.
Frequently Asked Questions
1. How does the age of the home affect its value?
While built in 1960 (newer than only 22% on its street), the renovated basement and above-average lot size are significant compensating factors. The value is supported more by its land and updated condition than its build year.
2. Is the lot size typical for the area?
Yes, and it's a standout feature. At 7,780 sqft, the lot is larger than 70% of those on Agassiz Drive and 77% within the wider Agassiz neighbourhood, offering notable outdoor space.
3. How does the recent sale price compare to the assessment?
The home sold for $44,300k in August 2023, which is slightly below its current $46.30k assessed value. This suggests the assessment is in a realistic range, with the sale likely reflecting market conditions at that time.
4. What does the "renovated basement" include?
The provided details specify it is renovated but not the scope. This is a key point for follow-up to understand the quality, layout, and whether it includes added legal bedrooms or living space.
5. How does this home compare to nearby properties?
It offers more living space and land than most comparable homes in nearby Waverley Heights, which often have smaller footprints. It trades a newer build date (like those 1970s homes) for a more substantial lot and living area.