Property Overview & Key Characteristics
This well-situated Archwood home presents a classic one-and-a-half storey design on a generous 3,298 sqft lot. Its key appeal lies in a combination of space, location, and value. The 1,300 sqft living area is notably larger than most in the immediate area, ranking in the top 10% on its street. The lot size is also a significant asset, placing it in the top 15% of the neighbourhood. A major feature is the renovated basement, adding functional living space, and the property includes a detached garage. Built in 1949, it sits in a mature, established area.
The property suits first-time buyers or downsizers looking for a character home with room to grow on a sizable lot, without the premium of a new build. Its strong rankings for living area and lot size within Archwood suggest it offers more interior and exterior space than many comparable homes. The 2019 sale price provides a solid, recent benchmark for value. A thoughtful perspective is that while the home is older, its above-average lot size offers future potential and a sense of privacy that is harder to find on newer, more densely packed subdivisions.
Frequently Asked Questions
Q: How does the lot size compare to typical properties in Winnipeg?
A: The lot is 3,298 sqft, which ranks in the top 16% city-wide, meaning it's significantly larger than most residential lots in Winnipeg.
Q: Has the home been updated recently?
A: The listing specifically notes a renovated basement, which is a key modernized space. The age of other major systems (roof, wiring, plumbing) should be verified during an inspection.
Q: What is the neighbourhood like for amenities and access?
A: Archwood is a mature neighbourhood in Winnipeg. For specific details on schools, parks, and transit, consulting local resources or visiting the area at different times is recommended.
Q: The assessed value seems low compared to the last sale price. Why?
A: Municipal assessed values in Manitoba are for tax purposes and often do not reflect current market value. The 2019 sale price of $280,000 is a more relevant indicator of its market worth.
Q: How does the living space compare to nearby homes?
A: With 1,300 sqft, this home has more living area than approximately 93% of homes in the Archwood neighbourhood, making it a spacious option for the area.