200 Old Mill Road

Property Overview: 200 Old Mill Road, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated bi-level home at 200 Old Mill Road presents a compelling blend of modern convenience and established neighbourhood charm. Built in 2011, it is a notably newer construction compared to most homes on its street and throughout the Birchwood area, suggesting fewer immediate maintenance concerns and contemporary building standards. The home features a renovated basement and an attached garage, with a living area of 1,250 sqft set on a generous, nearly 7,900 sqft lot.

Its primary appeal lies in its balance. It offers the space and privacy of a larger lot—ranking in the top half for land size on its street—while being a relatively modern, low-hassle property. The data indicates it is a solid, middle-market home within Winnipeg, performing well above average for the city in terms of lot size and year built, but priced accessibly within its immediate neighbourhood. This combination suits first-time buyers or young families seeking a move-in-ready home without the premium of a brand-new build, as well as downsizers looking for single-level living potential (bi-level) and minimal yard upkeep relative to lot size. A thoughtful perspective is its potential for equity growth; as one of the newest homes on the block, it may benefit from the rising values of older, renovated properties around it.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to the likely asking price?
The home's assessed value is $44,900. It last sold in 2016 for $38,900. Any asking price will reflect current market conditions, but the assessed value provides a key municipal benchmark for property taxes and offers a historical anchor point for value discussions.

2. Is the lot size a major advantage?
Yes. At 7,895 sqft, the lot is larger than over half of those on Old Mill Road and ranks highly city-wide. This provides ample outdoor space, potential for gardening or expansion, and a sense of privacy not always found with newer builds.

3. The home is newer, but how does its living space compare?
At 1,250 sqft, the living area is smaller than approximately 74% of homes on its street. This highlights a trade-off: you are acquiring a newer structure and a large lot, but the interior square footage is modest and efficient. The renovated basement is a crucial feature for adding functional space.

4. What does the neighbourhood data indicate?
The rankings show the property is solidly within the middle range for Birchwood in terms of assessed value and lot size, but it is an outlier in its newness. This suggests a neighbourhood of varied, primarily older homes, where this property stands out for its modern construction.

5. Are the nearby properties similar?
The listed nearby addresses are a mix of neighbouring houses on Old Mill Road and apartment buildings on Portage Avenue, indicating a location that is likely residential yet close to convenient multi-family housing and main-road amenities. The similar assessed value properties are located in different neighbourhoods (Vialoux, Elmhurst), useful for cross-community value comparison.