Property Overview & Appeal
This one-and-a-half storey home on a large, nearly 10,000 sqft lot in Winnipeg's Booth neighbourhood presents a compelling blend of space, established character, and recent updates. Its key appeal lies in its generous proportions, both indoors and out. With a living area of 1,976 sqft ranking in the top 10% locally, it offers substantial room for a family. The renovated basement adds significant modernized living space, while the detached garage and vast yard provide ample room for vehicles, hobbies, or gardening.
The home’s value proposition is underscored by strong historical performance. Its 2021 sale price ranks in the top 1% for the street and neighbourhood, suggesting it is a standout property in the area. The current assessed value also ranks highly, indicating consistent municipal valuation. This property would suit buyers looking for a home with room to grow in an established area, who appreciate a large private yard and the flexibility of a detached garage. It’s ideal for those who want more space than a typical infill lot offers and value a home with a proven track record of value retention and growth, without the maintenance of a pool.
Frequently Asked Questions
Q: How does the lot size compare to others in Winnipeg?
A: Exceptionally well. At 9,870 sqft, the lot is larger than approximately 94% of all properties in Winnipeg, offering rare outdoor space for the city.
Q: The home was built in 1972. What should I consider?
A: While the basement has been renovated, the core structure is over 50 years old. A thorough inspection of the roof, major systems (plumbing, electrical, HVAC), and the foundation is advisable to understand any upcoming maintenance typical for a home of this age.
Q: The detached garage is a plus, but are there any drawbacks?
A: A detached garage offers flexibility and can reduce noise in the home. However, consider the convenience factor during Winnipeg winters—you will have to go outside to access your vehicle from the house.
Q: The 2021 sale price seems high for the area. Why is that?
A: The sale price ranks in the 99th percentile for both the street and neighbourhood, meaning it was a top-tier sale. This likely reflects the combined value of the large lot, above-average living space, and the renovated basement, setting it apart from more standard homes nearby.
Q: What is the significance of the "For Reference" property listed at 294 Nightingale Road?
A: This is likely provided as a benchmark for a typical, smaller property in the broader Booth area. It highlights how this listing, with significantly more living space and a higher assessed value, represents a different class of home within the same neighbourhood.