Property Overview
This well-situated Charleswood home presents a practical and comfortable living opportunity. Built in 1999, it is a one-storey home with an attached garage, sitting on a generous 7,630 sqft lot. The living space is a functional 1,548 sqft, and the home features a renovated basement. Its appeal lies in its established neighbourhood setting, offering more land than many newer properties, combined with the modern benefit of a fully updated lower level. It would suit first-time buyers seeking a move-in-ready home with room to grow, or downsizers looking for single-level living without compromising on yard space or storage. A thoughtful perspective is that while the home itself is in the middle range for size in the area, the lot size is a standout feature, offering valuable outdoor potential that is increasingly rare.
Key Details & FAQs
Key Characteristics & Appeal
- Type & Space: A 1,548 sqft, one-storey home from 1999 on a large 7,630 sqft lot in Charleswood, featuring an attached garage and a renovated basement.
- Primary Appeal: The combination of a manageable single-level layout, a recently renovated basement adding liveable space, and a notably large lot for the area. It offers the charm of an established, tree-lined neighbourhood with the practicality of modern updates.
- Ideal Buyer: Perfect for first-time homeowners or those looking to downsize. It provides move-in readiness, minimal exterior maintenance (with no pool), and the flexibility of a finished basement for family, guests, or hobbies. The large lot is a significant asset for gardeners, pet owners, or anyone valuing private outdoor space.
Frequently Asked Questions
1. How does this home compare to others in the area?
The home is solidly in the middle range for living space on its street and in Charleswood. Its standout feature is the lot size, which is larger than over 75% of nearby properties, offering more outdoor space than is typical.
2. What is the significance of the assessed value?
The assessed value for tax purposes is $51,500. It's important to note this is not the market value. The last recorded sale was in March 2016 for $410,000. Current market value would be determined by recent sales of comparable homes, market conditions, and the home's updated condition.
3. What does "renovated basement" typically include?
While specific finishes should be verified, a renovated basement in this context generally means the lower level has been professionally finished into liveable space, which may include recreation rooms, additional bedrooms, or a bathroom, adding significant functional square footage to the home.
4. Is the age of the home (1999) a concern?
A home built in 1999 is considered modern in terms of core building standards and layout. At 27 years old, it is newer than approximately 80% of homes in Winnipeg. Buyers should still expect standard maintenance for a home of this age, such as potential updates to roofing, HVAC, or exterior paint, which are typical for any house.
5. Who might this property not suit?
It may not be ideal for buyers seeking a brand-new, ultra-modern build without any future projects, or for those who prefer a very compact, low-maintenance yard. The single-storey layout also means all primary living spaces are on one floor, which is excellent for accessibility but offers less natural separation than a multi-level home.