Property Overview & Appeal
This 1964-built, one-storey home in Agassiz is defined by its substantial and private lot. Sitting on over 11,200 square feet of land, the property ranks in the top 3% of its neighbourhood for lot size, offering rare space and potential in the city. The home itself features a renovated basement and nearly 2,000 square feet of living space, which is larger than most Winnipeg homes. Its appeal lies in this combination of a mature, expansive yard and updated living areas within a well-established community.
The property would suit buyers looking for a long-term family home with room to grow, garden, or entertain outdoors. It also appeals to those seeking a solid value proposition, as the home's assessed value places it in the top tier of properties city-wide, suggesting a strong underlying asset. A thoughtful perspective is that while the home is older, its highly-ranked lot size offers a form of future-proofing, as land of this scale in established neighbourhoods is increasingly scarce.
Frequently Asked Questions
1. How does the age of the home affect its condition?
Built in 1964, the home is older than many in its immediate street and neighbourhood. However, key updates like a renovated basement indicate proactive maintenance. A thorough inspection is recommended to understand the condition of major systems like plumbing, electrical, and the roof.
2. What does the high assessed value relative to nearby homes mean?
With an assessed value significantly higher than several listed comparable properties, it suggests municipal assessment recognizes substantial value here, likely in the land size, renovations, and overall property condition. It doesn't dictate market price but indicates a premium asset.
3. Is the large lot mostly usable space?
At over a quarter of an acre, the lot is a major feature. Buyers should verify the topography, drainage, and any easements to ensure the space meets their intended use, whether for gardening, expansion, or recreation.
4. Who might this property not suit?
It may not suit those seeking a brand-new, low-maintenance home or a quick walk to dense urban amenities. The appeal is grounded in space and privacy over modern convenience.
5. How does the living space compare locally?
The 1,986 sq ft living area is larger than 90% of Winnipeg homes, offering ample room. The one-storey design may be ideal for accessibility or those preferring single-level living, but it differs from the two-storey layouts common in many family neighbourhoods.