Property Summary: 497 Tremblay Street, Winnipeg
Key Characteristics & Appeal
This two-storey home in Archwood is a notably modern property in an established neighbourhood. Built just two years ago in 2024, it stands out for its new construction, ranking among the newest homes not just on its street but across all of Winnipeg. With 1,777 sqft of living space, it offers generous room for a family and is significantly larger than most nearby properties. The home sits on a 3,300 sqft lot and features a renovated basement.
Its primary appeal lies in the balance of a modern, low-maintenance home within a mature community. Buyers gain the benefits of new building standards, systems, and finishes without sacrificing the character and established greenery of the Archwood area. The property’s assessed value is in the top tier for the city, suggesting a solid investment in a desirable location.
This home would best suit buyers looking for a move-in-ready, contemporary family home who prefer established neighbourhoods over new subdivisions. It’s ideal for those wanting to avoid the immediate renovations often required with older character homes, while still enjoying a settled community feel. A thoughtful perspective is that this property offers a rare "best of both worlds" scenario in Winnipeg’s core: minimal inherited maintenance issues paired with the stability and mature landscape of an older area.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or layout. A buyer should inquire whether it is a fully developed living space, the quality of the finishes, and if it includes legal egress windows or a separate entrance.
2. How does the lack of a garage affect daily living and resale?
The property has no garage. Buyers should consider on-street parking logistics, winter vehicle management, and potential for adding a garage or carport in the future, subject to local bylaws.
3. The assessed value seems low for a new, large home. Why is that?
Municipal assessed value for taxation purposes is often significantly lower than current market value. It should not be used as a direct price indicator. The listing shows this home’s assessment is in the top 6% for Winnipeg, confirming it is valued highly relative to other properties.
4. What are the immediate neighbours like?
The proximity of five other homes on Tremblay Street within 30 meters suggests a closely built streetscape typical of established neighbourhoods. Viewing the property in person to assess the condition and style of adjacent homes is recommended.
5. As a new build in an old area, are there any potential concerns?
While the structure is new, it’s wise to verify builder reputation and any remaining warranty coverage. Also, check if the home’ modern design and scale are consistent with neighbourhood character, as this can sometimes affect future streetscape appeal.