Property Overview: 16 Athlone Drive, Winnipeg
Key Characteristics & Appeal
This is a classic, single-storey home in the Booth neighbourhood, built in 1964 on a notably spacious 6,620 sqft lot—a standout feature that ranks it highly for land size on its street. The house itself offers 1,026 sqft of living space and includes a basement (unrenovated) and a detached garage. Its assessed value has remained stable, closely aligning with its last sale price in mid-2020.
The primary appeal lies in its generous, established lot, offering significant outdoor space and potential in a mature setting. The home suits practical, value-oriented buyers such as first-time homeowners, downsizers, or investors looking for a solid footprint in a stable neighbourhood. It’s a property for those who see potential in the existing structure and land, rather than a turn-key solution. A thoughtful perspective: while the living area is modest and the basement awaits finishing, the lot size represents a diminishing commodity in mature areas, offering room for gardens, expansion, or simply privacy that newer subdivisions often lack.
Frequently Asked Questions
1. What is the condition of the basement?
The listing specifies the basement exists but is "not renovated." Buyers should plan for a professional inspection to understand its current state, potential for moisture, and the scope of work needed to finish it.
2. How does the lot size compare to others?
At 6,620 sqft, the lot is a key asset. It ranks in the top half for size on Athlone Drive and within the Booth neighbourhood, meaning it offers more outdoor space than many nearby properties.
3. Has the property’s value changed much recently?
The assessed value is $34.10k, virtually identical to its sale price of $34.50k in July 2020. This suggests stable, modest value in line with area trends over the past few years.
4. What is the neighbourhood like?
Booth is a mature, established neighbourhood. The rankings provided show this property sits in the middle ranges for metrics like year built and assessed value compared to its immediate area, indicating it’s typical for this well-established community.
5. What might be less obvious considerations?
The detached garage offers flexibility but may require consideration for winter access. Additionally, while the stable value is positive, it also indicates this is not a rapidly appreciating asset, but rather a steady, long-term holding. The very high ranking for living area on the street (top 1%) is because it is one of the smallest, highlighting that homes on this street are generally larger; this context is important when evaluating size.