Property Overview & Key Characteristics
This 1983-built, one-storey home on a large 8,677 sqft lot offers a practical and spacious living environment. Its key appeal lies in the combination of a generous, private yard and a home that ranks highly for its size and value within its immediate area. With 1,405 sqft of living space, a finished basement, and an attached garage, it provides solid functional space for a family. The data suggests strong "bones": it ranks in the top tier of its street for lot size, age, and assessed value, indicating it is a larger, well-maintained, and valuable property relative to its direct neighbors. Its broader city rankings show it outperforms most Winnipeg homes for lot size and overall value.
The property would suit buyers looking for a established, single-level home in a mature neighborhood, prioritizing indoor-outdoor space over a brand-new build. It's ideal for those who value a sizable yard for children, gardening, or pets, and who appreciate a home that stands out in its local context for its substantial footprint and perceived value.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in its neighborhood, and across Winnipeg. For example, being newer than 95% of homes on its street suggests it's among the most recently built there, which can be appealing in an older area. Its high value ranking indicates it's assessed as a premium property on its block.
2. The home is 43 years old. What should I consider?
While the rankings show it's relatively new for the area, a home of this age will have had major components like the roof, windows, furnace, and plumbing updated or nearing their service life. A thorough inspection is crucial to understand the condition and any upcoming capital expenses.
3. How usable is the large lot, and what are the responsibilities?
An 8,677 sqft lot offers excellent potential for expansion, recreation, or landscaping. However, it also means higher maintenance (more lawn to mow, garden beds to manage, possibly larger snow removal areas) and potentially higher property taxes tied to the land value.
4. Who might this home not suit?
Buyers seeking a modern, open-concept layout or a brand-new, low-maintenance property may find the 1983 floor plan and the upkeep of a large, established lot less appealing. It's best for those comfortable with some ongoing maintenance and potential updates.
5. The finished basement adds living space, but what should I check?
Confirm the quality of the finish, ceiling height, moisture control, and whether the renovations were permitted. A well-done basement adds valuable flexible space, but a poor-quality finish could conceal issues or need redoing.