Property Overview: 229 Aldine Street
Key Characteristics & Appeal
This two-storey home in Winnipeg's Booth neighbourhood sits on a notably large lot, ranking in the top 1% for land size on its street. Built in 1974, it offers a renovated basement and a detached garage. The living space is practical and in line with area norms, while the property's assessed value has remained stable over recent years.
Its primary appeal lies in its generous, private outdoor space—a relative rarity that offers significant potential for gardening, expansion, or simply enjoying more room than typical city lots provide. The renovated basement adds immediate functional living area without the need for initial projects. This home would suit first-time buyers or downsizers looking for a manageable house with above-average yard space in an established area. It’s a practical choice for someone who values room to breathe outdoors over having a newer or larger interior footprint, and who appreciates a home that’s been partially updated and is ready to live in.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. A professional inspection is recommended to confirm the quality, layout, and whether it includes legal secondary suites or additional bedrooms.
2. How does the large lot impact property costs?
While offering great space, a larger lot can mean higher municipal property taxes compared to neighbours with similar houses on smaller plots. It may also entail more maintenance or higher costs for landscaping and fencing.
3. The home is older; what major systems should be checked?
Given its age (1974), key components like the roof, original windows, plumbing, electrical systems, and the heating furnace are likely at or beyond their typical lifespan. An inspection is crucial to budget for potential near-term upgrades.
4. The detached garage is a plus, but what is its condition?
The listing notes a detached garage but provides no details on its size, construction, or state of repair. It could range from a modern insulated structure to a basic older model needing attention.
5. How stable has the property's value been?
The assessed value has seen minimal change between the 2020 sale price and the current assessment, suggesting stable market value in its category. This can indicate a well-priced, settled market segment rather than rapid appreciation.