Property Overview: 14 Prairie View Road
Key Characteristics & Appeal
This is a well-established two-storey home in Winnipeg's Booth neighbourhood, built in 1967 and situated on a generous 7,196 sqft lot. Its key features include a renovated basement and an attached garage. The home offers 1,680 sqft of living space and sold recently in November 2024 for $410,000.
The appeal lies in its balance of space, updates, and location. The large lot size is a standout, ranking within the top 38% on its own street, offering ample outdoor potential. While the house itself is not new, the renovated basement adds modern, functional living space. The recent sale provides clear, current market context for value.
This property would suit buyers looking for a move-in-ready home with room to grow outdoors, who appreciate the character of an established neighbourhood. It’s particularly suited for those who value a renovated lower level for family space or hobbies, and for buyers who find reassurance in a transparent, recent sales history.
Frequently Asked Questions
1. How does the lot size compare to the area?
The 7,196 sqft lot is a significant feature, ranking in the top 38% for size on Prairie View Road. It offers more outdoor space than many neighbouring properties.
2. What does "renovated basement" typically mean for a home of this era?
For a 1967 home, a renovated basement often means updated finishes, improved lighting, and likely enhanced moisture control, transforming what might have been a basic utility area into comfortable living or recreational space.
3. Is the recent sale price a reliable indicator of current value?
The November 2024 sale at $410,000 provides a solid, recent benchmark. It reflects what a buyer was willing to pay in the current market, which is often more telling than the older assessed value of $41,300k.
4. How does the age of the home factor in?
Built in 1967, the home is newer than over 90% of the houses on its street. This suggests the immediate area is well-established, and the property may have benefited from more modern construction standards than older counterparts in the neighbourhood.
5. What is the neighbourhood context?
The home ranks in the middle of the pack for value on its street but in the top quarter for lot size. This indicates you are paying for the land and the home's condition rather than an elite street address, which can represent good value for the space offered.