Property Overview: 194 Windham Road, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Birchwood sits on a spacious, mature lot of over 5,600 square feet, offering more land than most properties on its street and ranking within the top 10% of its neighbourhood for lot size. Built in 1958, the home features a renovated basement and a detached garage. With 973 square feet of living space, it is notably roomier than many comparable homes in the wider Winnipeg area.
The primary appeal lies in its established setting and the value offered by its generous lot—a canvas for gardening, expansion, or simply enjoying outdoor space that is increasingly rare in newer subdivisions. Its recent sale history shows steady appreciation, and its current assessed value is among the highest on the street, indicating strong underlying value. This property would suit a first-time buyer looking for a solid starter home with room to grow, or a downsizer seeking a manageable single-level layout without sacrificing yard space. The renovated basement adds valuable flexible space for a family room, home office, or guest area.
Frequently Asked Questions
1. How does the lot size compare to nearby properties?
At 5,646 sqft, the lot is larger than 63% of properties on Windham Road and ranks in the top 10% within the Birchwood neighbourhood, making it a standout feature for the area.
2. What is the recent history of property value here?
The home sold for $34,900 in 2019 and its current assessed value is $37,400. This suggests stable value retention, with the assessed value now ranking in the top 4% on its street.
3. Is the home larger or smaller than average for the area?
With 973 sqft of living area, it is larger than approximately 74% of homes on its street and ranks in the top 26% across all of Winnipeg, offering above-average interior space for its vintage.
4. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This should be clarified with the listing agent regarding the finish, permits, and intended use (e.g., living space, utility).
5. The home was built in 1958. What should I consider?
While the basement has been updated, the core structure and major systems (like plumbing, electrical, and the roof) are of an age where proactive inspection and maintenance are prudent. The mature lot also means established trees, which offer beauty but may require care.