Property Summary: 19 Athlone Drive
Key Characteristics & Appeal
This is a spacious, well-established home in Winnipeg's Booth neighbourhood, built in 1963. Its primary appeal lies in its generous proportions and significant recent investment. The standout feature is its living area of 2,311 sq ft, which ranks in the top 3% of homes on its street and the top 4% city-wide, offering far more interior space than most comparable properties. This is situated on a large, 8,383 sq ft lot, also well above average for the area.
The home has seen clear updates, most notably a renovated basement, which adds valuable finished living space. While it does not have a garage or pool, the data suggests a property that has been maintained and improved. The assessed value and recent 2022 sale price are consistent and sit comfortably in the top quartile for the neighbourhood, indicating a solid and recognized value.
This home would best suit buyers looking for established character and abundant space over brand-new construction. It’s ideal for a growing family that needs multiple living areas or for someone who values a large yard and the maturity of a sought-after, older neighbourhood. The renovated basement also makes it a fit for those wanting a move-in-ready home with extra room for recreation, a home office, or extended family.
Frequently Asked Questions
1. How does the age of the home (1963) impact its value?
While the build year is older, the home ranks above average for its neighbourhood in terms of assessed value and recent sale price. The renovated basement and very large living area modernize the offering, meaning the updates and space likely offset concerns about its age for many buyers.
2. What does the "rank" data for the lot and living area actually mean?
The rankings show this property is exceptional in its size. For example, a "Top 3%" rank for living area on its street means only 3% of homes on Athlone Drive are larger. This indicates you are getting a proportionally much larger home than the typical house in this location.
3. There's no garage. How big of a drawback is this?
This depends on buyer priorities. The lack of a garage is a trade-off for the very large lot and living space. For some, the ample yard may offer room for future parking solutions or outdoor living that compensates. It’s a common feature in older neighbourhoods and is reflected in the current pricing.
4. The home sold in 2022 and is now back on the market. Is that a concern?
Not necessarily. The 2022 sale shows a recent market valuation. The current price is close to that last sale price, suggesting stable value. The short ownership could be due to many common life changes (relocation, family needs) rather than a property issue, especially given the visible renovations.
5. The assessed value is lower than the likely asking price. Why?
Municipal assessed value for taxation purposes often lags behind current market value, especially in a moving market and after recent renovations. The 2022 sale price is a more current benchmark. The assessment does, however, confirm the property is officially valued in the top 25% of its neighbourhood.