Property Overview
24 Woodgreen Place is a classic two-storey home in Winnipeg's Booth neighbourhood, built in 1967. It sits on a generous 7,193 sqft lot, which is notably larger than most in the immediate area. The home offers 1,620 sqft of living space, an attached garage, and a basement that is present but not renovated. Its appeal lies in its established setting and the potential offered by its substantial lot size. This property would suit a buyer looking for a solid, no-frills home in a mature neighbourhood, who values space and is comfortable with a house that may require updates over time. It’s a practical choice for those who see value in land and location, rather than a turn-key modern finish.
Key Details & Considerations
- Key Characteristics: A 1967 two-storey with 1,620 sqft on a large 7,193 sqft lot. Features include an attached garage and an unrenovated basement.
- Primary Appeal: The lot size is a significant asset, ranking in the top 23% on its street, offering more outdoor space and potential than many neighbouring properties. Its assessed value has remained stable relative to the area.
- Ideal Buyer: Best suited for a handy buyer, an investor, or a family planning gradual renovations. It appeals to those prioritizing lot size and location in an established community over immediate modern amenities.
Frequently Asked Questions
1. What is the neighbourhood like?
The home is in the Booth neighbourhood. The rankings show it is on a street with mostly older homes (top 89% for year built, meaning it's one of the newer ones on the street), and the lot size is above average for the area, suggesting a well-established, spacious streetscape.
2. What does "basement, not renovated" mean?
This indicates the basement is functional and included in the living area square footage, but it has not been modernized or finished to current standards. Buyers should budget for potential updates or inspect its current condition carefully.
3. How does the assessed value compare?
At $39,800, the assessment is in the top 26% on its street and top 72% in the neighbourhood, suggesting the municipality views it as a higher-value property within its immediate area compared to nearby homes.
4. What can the lot size be used for?
The 7,193 sqft lot is a standout feature. It offers ample yard space for gardening, recreation, or future additions like a deck or shed. It also represents long-term value, as larger lots in mature neighbourhoods are increasingly rare.
5. The home was last sold in 2017. What does that tell us?
It sold for $36,200 in July 2017. The current assessed value being slightly higher suggests stable municipal valuation over the past seven years. This history indicates a property that hasn't been flipped frequently, potentially appealing to buyers seeking a home with longer-term ownership patterns.