609 Guilbault Street

Property Overview

609 Guilbault Street is a well-maintained, one-and-a-half storey home in Winnipeg's Archwood neighbourhood. Built in 1948, it sits on a generous 4,146 sqft lot, which is larger than most in the immediate area. The home features 1,034 sqft of living space, a renovated basement, and a detached garage. Its assessed value ranks highly within its street and neighbourhood, indicating it is considered a solid asset in its locale. Recent sale history shows significant value appreciation between 2020 and 2024.

Key Characteristics & Appeal

This home’s primary appeal lies in its established setting and practical updates. The renovated basement adds immediate functional space without the need for a major project, while the large lot offers valuable outdoor space and potential in a city where lot size is often a premium. Its high ranking for assessed value on the street suggests it is perceived as a top-tier property on the block, which can be a point of stability and pride.

It would suit first-time buyers or downsizers looking for a manageable, single-family home in a mature neighbourhood without a sprawling footprint. The combination of recent updates and a low-maintenance yard also makes it a practical choice for busy professionals. A thoughtful perspective is that this property represents a "middle ground" – it’s not the newest or largest home, but its above-average rankings in key metrics like lot size and assessed value suggest it’s a standout within its specific peer group, offering a sense of value and established community.

Frequently Asked Questions

1. What does the "renovated basement" typically include?
While specifics should be verified with the listing agent, a renovated basement in a home of this era often means finished living space, possibly including a recreational room, additional storage, and updated flooring and paint. It implies the space is comfortable and usable, not a raw utility area.

2. How does the detached garage impact use, especially in winter?
A detached garage provides secure storage and parking but requires going outdoors to access the house. For Winnipeg winters, this means factoring in snow removal on the pathway and the minor inconvenience of transitioning from car to home in the cold—a trade-off for the classic character and separation it provides.

3. The home sold for significantly more in 2024 than in 2020. What does this indicate?
This strong appreciation reflects both broader market trends and the specific value added to this property, likely through updates like the basement renovation. It suggests the home has been a good investment for the recent seller and is positioned in a desirable segment of the market.

4. The lot is large, but what is the neighbourhood feel like?
Archwood is a mature, established neighbourhood with tree-lined streets. A larger lot on such a street typically offers more privacy, space for gardening or play, and a less crowded feel compared to newer subdivisions, while still being part of a close-knit community.

5. Are there any concerns with a home built in 1948?
While the renovated basement is a plus, a home of this age will have older core components. A thorough inspection is essential to assess the condition of the roof, windows, plumbing, and electrical systems to understand what maintenance or updates might be anticipated in the coming years.