Property Overview & Key Characteristics
This well-situated one-storey home in Agassiz presents a compelling blend of space, location, and value. Its most defining feature is the generous 11,243 sqft lot, placing it in the top 3% of the neighbourhood for land area. This offers significant privacy and potential for gardens, recreation, or expansion. The home itself features a renovated basement and an attached garage, with a living area of 1,512 sqft that is spacious for the immediate street.
The appeal lies in a solid value proposition within a desirable area. The property’s assessed value ranks in the top 7% of Agassiz, yet its last sale price in 2021 was competitive, suggesting a history of being a well-regarded asset. It suits buyers looking for a established neighbourhood with room to breathe, particularly those who prioritize a large, private yard over having a newer build. It’s an ideal fit for downsizers seeking single-level living without sacrificing outdoor space, or for families valuing lot size for long-term flexibility, even if the 1961-built home itself may require some updates.
Frequently Asked Questions
1. How does the lot size compare to typical properties in Winnipeg?
The lot is exceptionally large, ranking in the top 4% city-wide. This is a rare find, especially in established neighbourhoods, and is the property's standout feature.
2. The home was built in 1961. What should I consider?
While the basement has been renovated, the core structure is 65 years old. Prospective buyers should budget for potential updates to major aging components like the roof, windows, or plumbing, balanced against the value of the large, established lot.
3. The assessed value seems low relative to the last sale price. Why?
Municipal assessed value for taxation purposes often lags behind market value. The 2021 sale price of $630k is a more current market indicator, and the high percentile ranking of both figures suggests the property is consistently viewed as above-average for the area.
4. Who are the most likely neighbours?
The listing shows several nearby properties on D'Arcy and Thatcher Drives, indicating a stable, established streetscape. The high lot-size ranking suggests homes here generally have more space between them than in many parts of the city.
5. What is the Agassiz neighbourhood like?
While specifics aren't detailed here, the property's high rankings for lot size and value within Agassiz indicate it is among the more premium holdings in what is likely a mature, sought-after neighbourhood with larger properties.