Property Summary: 249 Harcourt Street
Key Characteristics & Appeal
This 1929 one-storey home in Winnipeg's Booth neighbourhood presents a classic character property on a notably large, 6,599 sqft lot. Its key appeal lies in the combination of a renovated basement, a detached garage, and a land size that ranks in the top half of its street, offering more outdoor space and potential than many nearby properties. While the 987 sqft living area is compact, the home’s assessed value has remained stable, closely aligned with its recent 2023 sale price.
It suits a practical buyer looking for a solid foothold in an established neighbourhood without a premium for modern square footage. The appeal is grounded in value: you are primarily investing in the land and location, with a home that offers functional, updated essentials. A thoughtful perspective is that its older construction year (1929) ranks highly for the area, meaning it is actually one of the more historic homes on the street, which could resonate with buyers appreciating original neighbourhood character over newer builds.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification to understand if it’s a full living space, updated utilities, or finished areas.
2. How does the large lot size benefit a buyer?
The lot is significantly larger than many in the area (top 52% on its street), offering ample yard space, room for gardens, play areas, or future additions like a shed or deck, which is a rarity for older neighbourhoods.
3. The home is nearly 100 years old. What should I consider?
While the basement has been renovated, the core structure is from 1929. Prospective buyers should prioritize inspections for foundational integrity, original plumbing and electrical updates, and roof condition to understand any needed investments.
4. The living area is under 1,000 sqft. Is the home small?
At 987 sqft, the above-ground living space is compact. However, the renovated basement likely adds functional space. This layout suits smaller households, first-time buyers, or those comfortable with efficient use of space.
5. The assessed and recent sale prices are very close. What does this indicate?
The assessed value ($28.30k) and the 2023 sale price ($29.00k) are nearly identical, suggesting the market and city assessment see consistent, stable value here without recent speculative inflation.