543 Deniset Street

Property Overview & Key Characteristics

This well-situated bi-level home at 543 Deniset Street in Winnipeg's Archwood neighbourhood presents a practical and modern living option. Built in 2009, it is notably newer than most homes in its immediate area and across the city, suggesting fewer immediate concerns with major aging components. The home features a renovated basement, a detached garage, and a living area of just over 1,000 square feet on a standard city lot.

Its primary appeal lies in its relative modernity within an established neighbourhood, offering a move-in-ready foundation with updated essentials. The data indicates it ranks highly for its year built and assessed value compared to its neighbours, positioning it as a contemporary and financially stable holding in the area. This property would suit first-time buyers or downsizers seeking a low-maintenance, modern home without sacrificing established community amenities. It also appeals to value-conscious buyers who prioritize a home's structural age and condition over sheer square footage, and who appreciate the flexibility a finished basement and detached garage provide.

Frequently Asked Questions

1. How does this home's age compare to others nearby?
Built in 2009, this home is significantly newer than many in Archwood. It ranks in the top 3% of the neighbourhood for its year of construction, meaning it is one of the most modern homes available in the area.

2. What does the assessed value ranking tell me?
With an assessed value ranking in the top 4% of Archwood, this property is valued higher than the vast majority of homes around it. This often reflects its newer construction, condition, and the market's perception of its worth relative to neighbouring properties.

3. Is the living space typical for the area?
At 1,036 sqft, the living area is above average for both the street and the broader Archwood neighbourhood, ranking in the top 18-24%. It offers comfortable space without being oversized.

4. What is the significance of the detached garage?
A detached garage provides valuable secure storage and workshop space separate from the house. It can also offer more flexibility for future landscaping or yard use compared to an attached structure.

5. Based on the data, what is a less obvious point to consider?
The home last sold in 2017. While the current assessed value has risen since then, as is typical, reviewing the sale prices and trends of the nearby "for reference" properties can provide deeper context for how different home ages, sizes, and styles are valued in this market.