Property Summary: 113 Athlone Drive, Winnipeg
Section 1: Key Characteristics, Appeal & Ideal Buyer
This well-situated one-storey home in the Booth neighbourhood sits on a large, mature lot of over 7,000 sq ft, offering more outdoor space than most properties on its street and in Winnipeg overall. Built in 1965, the home features a renovated basement and a detached garage. With a living area of 1,242 sq ft, it provides comfortable single-level living. The home recently sold in January 2025 for $441,000, a figure notably higher than its $370,000 assessed value and ranking well above neighbourhood and city averages for sale price, suggesting strong market appeal and potential upgrades or desirability not fully captured in the assessment.
Its primary appeal lies in its combination of a spacious, private lot and a move-in-ready foundation with the renovated basement. It suits buyers looking for a manageable single-storey layout in a stable, established neighbourhood, ideal for downsizers, first-time buyers seeking room to grow outdoors, or those wanting to avoid major immediate renovations. A thoughtful perspective is its strong sale price performance relative to its assessment and peers; this indicates it may have been updated or possess intangible qualities like a premium lot location or exceptional condition that the market rewarded.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finish quality, ceiling height, permitted status of any work, and whether it includes a bathroom or legal secondary suite potential.
2. How does the recent sale price compare to the asking price?
The data shows a final sold price of $441,000 in January 2025. To understand the full context, one would need to know the original listing price to see the property’s market trajectory and how much competition there was.
3. Is the large lot a maintenance burden or an opportunity?
At over 7,000 sq ft, the lot is a significant asset for privacy, gardening, or expansion. Buyers should consider the current upkeep (lawn, trees) and whether they see it as a valuable canvas for outdoor living or a potential cost in time and maintenance.
4. The home is older; what major systems should be checked?
Given the 1965 build date, even with a renovated basement, the roof, windows, plumbing, electrical, and heating systems are at an age where inspection is crucial to understand their remaining lifespan and any needed updates.
5. The sold price ranks highly locally. What might explain this?
The sale price ranks in the top 21% on the street and top 12% in the neighbourhood. This premium could be due to the renovated basement, exceptional lot, superior interior finishes, or a competitive bidding situation. Reviewing past listing photos and details would provide clues.