Property Overview
This 1970-built, one-storey home on a large 9,300 sqft lot presents a compelling blend of space, location, and value. Its key appeal lies in its generous, finished living area of 1,351 sqft, which ranks well above average for its street, neighborhood, and Winnipeg overall. The property includes a finished basement and an attached garage, offering practical family living space. The standout feature is the lot size, which places it in the top tier of properties locally, providing ample outdoor potential.
Its value is further underscored by an assessed value that ranks in the top 26% city-wide, suggesting a solid investment in a desirable setting. The home would suit buyers looking for a move-in ready, single-level layout on a premium-sized lot—ideal for families seeking room to grow, gardeners, or those who simply prize extra outdoor space. It’s a property that offers more land than typical for the area, coupled with a home that has been maintained and updated over time, appealing to those who want established character without starting from scratch.
Frequently Asked Questions
1. How does the age of the home (built in 1970) affect its condition and potential needs?
While the home is over 50 years old, its above-average assessed value and rankings suggest it has been well-maintained and updated. Prospective buyers should still consider a thorough inspection, focusing on era-specific items like the roof, windows, and major mechanical systems, which may be due for updates or replacement.
2. What are the advantages of such a large lot (9,300 sqft)?
The lot size is a major asset, offering exceptional outdoor space for recreation, gardening, or future expansion like a deck, shed, or even an addition. It provides a sense of privacy and room that is increasingly rare, making it a long-term value driver for the property.
3. The home ranks highly for size and value, but lower for newness. What does this mean?
This indicates you are getting a larger, more valuable property for the area, but within an older building stock. The trade-off is clear: more space and land for your investment, in exchange for a home that may require more ongoing maintenance or modernization compared to a newer build.
4. Is the finished basement included in the 1,351 sqft living area?
Typically, living area (sqft) refers to above-grade space. The finished basement is an additional bonus, providing extra usable square footage for recreation, guests, or storage, which adds significant functional value to the home.
5. What do the neighborhood and street rankings actually tell me?
They show the property’s competitive standing. Ranking in the top 28% for size and top 40% for value in its neighborhood means it outperforms most nearby homes on those metrics. This is a positive indicator for both livability and potential resale value within that community.