Property Summary: 2394 Ness Avenue, Winnipeg
Key Characteristics & Appeal
This well-situated one-and-a-half storey home in the Booth neighbourhood offers a blend of space, established character, and modern updates. Its key features include a renovated basement, an attached garage, and a notably large lot of over 6,000 sqft—placing it in the top 8% for land size on its street. With 1,421 sqft of living space, the home is larger than most in its immediate area. Built in 1960, it presents a solid value proposition, underscored by a consistent increase in its sold price over recent years.
The appeal lies in its balance. It provides the roominess and outdoor potential of a larger parcel in a mature, established area. The renovated basement adds functional, modern living space. This property would suit practical buyers looking for a character home with room to grow, whether that's for gardening, family activities, or future expansion. It’s particularly suited for those who value a sense of space and privacy over a brand-new build, and who appreciate a home with a track record of steady value appreciation in its market context.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, room layouts, and whether it includes a separate entrance or legal suite are not provided. A viewing or inquiry with the listing agent is necessary for these important details.
2. How does the lot size compare practically?
At 6,029 sqft, the lot is significantly larger than many in Winnipeg. This offers ample backyard space for recreation, gardening, or adding structures like a shed or deck, which can be rare in older neighbourhoods.
3. The home is older; what should I consider?
Built in 1960, the major systems (roof, wiring, plumbing, furnace) should be a key focus for inspection. Their age and update history will be crucial for understanding potential immediate or future maintenance costs.
4. What do the "Top X%" rankings mean?
These metrics compare this property to others on its street, in Booth, and across Winnipeg. For example, ranking in the top 8% for lot size on its street means it's among the largest. This data helps gauge how specific features stack up against the competition.
5. Has the property's value been stable?
The sold price history shows a clear upward trend: from $26.1k in 2017 to $34.5k in 2021. Its current assessed value is $31.4k. This pattern suggests the property has maintained and grown in value within its market segment, though market conditions have changed since the last sale.