This two-storey home on a generous 6,594 sqft lot in Winnipeg's Booth neighbourhood presents a classic and solid offering. Built in 1966, its key appeal lies in its established setting and significant recent investment. The fully renovated basement adds modern, functional living space to the 1,614 sqft main footprint. With an attached garage and no pool, it offers a practical, low-maintenance exterior.
Its appeal is grounded in value and potential. The home sits on a lot that is larger than most on its street and in the city, offering room for gardening, play, or expansion. The 2016 sale price suggests a history of substantial value, making the current assessed value an interesting point for discussion. This property would suit a practical buyer looking for a character home in a mature neighbourhood without starting from scratch, particularly those who value private outdoor space and are comfortable with a home of this vintage. It’s a candidate for those who see beyond surface rankings to the underlying asset—the renovated living space and the sizable lot in a long-established area.
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What does the significant difference between the 2016 sale price and the current assessed value indicate?
This often prompts a closer look at assessment methodologies, potential market shifts, or unique circumstances of that prior sale. It's a crucial starting point for understanding current value.
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How does the "renovated basement" affect the living experience and utility costs?
Understanding the scope, quality, and permits for this renovation is key. It's also wise to ask about insulation and heating for the basement, as this can impact year-round comfort and energy bills.
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The lot is notably large for the area. Are there any restrictive covenants or zoning bylaws that affect how it can be used?
This checks for potential on expanding the home, adding secondary structures, or even future subdivision possibilities, which is a major value factor.
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The home's age (1966) places it before many modern building standards. What is the current state of major aging components?
Inquiries should focus on the roof, windows, plumbing, and electrical systems. Knowing what has been updated and what remains original helps forecast maintenance.
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The neighbourhood rankings for "year built" show most nearby homes are newer. What does this mix imply?
This can suggest a street with evolving character, possibly with a range of home styles and conditions. It's worth exploring whether this indicates a trend of reinvestment and renewal in the immediate area.