Property Overview: 170 Windham Road, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Birchwood bungalow presents a practical opportunity on a generous, mature lot. Built in 1957, its key appeal lies in its balance of space, location, and value. The nearly 6,000 sqft lot size is a significant asset, ranking in the top 20% of the neighbourhood, offering ample outdoor space for gardening, play, or future expansion. The home itself features a renovated basement, adding valuable finished living area to the 943 sqft main floor.
Its appeal is grounded in solid fundamentals rather than luxury finishes. It suits first-time buyers seeking a manageable one-storey layout with a move-in-ready basement, or investors looking for a property with strong rental potential due to its efficient size and desirable lot. The recent sale in late 2023 suggests a stable, established value. A thoughtful perspective is that while the house is older, its lot size and basement renovation are permanent value-adds in a neighbourhood where land is a premium. It’s a property that offers more "bones" and potential than the raw square footage might imply, ideal for someone who prioritizes outdoor space and a solid foundation over a brand-new build.
Section 2: Frequently Asked Questions
1. What is the neighbourhood like?
The property is in Birchwood, a mature Winnipeg neighbourhood. Rankings show it sits on a street and in an area with a mix of older and relatively newer homes, indicating a stable, established community.
2. Is there parking or a garage?
The listing specifies there is no garage. Buyers should plan for driveway or on-street parking, which is common for homes of this vintage.
3. How updated is the property?
The basement is noted as being renovated. The condition of the main floor systems (roof, windows, electrical, plumbing) and the scope of the basement renovation would require confirmation via a viewing and inspection.
4. How does the value compare?
The home’s assessed value is consistent with similar properties across various Winnipeg neighbourhoods. It last sold for $30,000 in November 2023, which is very close to its current assessment, suggesting a realistic market valuation.
5. What are the property taxes?
While not listed here, property taxes can be estimated using the City of Winnipeg’s calculator and the provided assessed value of $31,300. Taxes are likely to be relatively moderate for the city.