Property Summary: 253 Ronald Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated two-storey home in Booth offers a compelling blend of space, established character, and value. Its primary appeal lies in its generous proportions, both indoors and out. The 1,758 sqft living area is notably larger than most in the immediate area, street, and city, ranking in the top 5-17% across comparisons. This is complemented by an expansive 11,011 sqft lot, placing it in the top 20% for street lot size, offering significant outdoor potential.
The home’s value proposition is underscored by its recent sale price and assessed value, both ranking highly against local and city-wide benchmarks. A renovated basement adds modern, functional living space. While built in 1962, the property’s maintained value and large lot in an established neighbourhood suggest a solid, enduring investment rather than a new-build.
This property would ideally suit buyers prioritizing interior and exterior space over a recently built home. It’s a strong match for families seeking room to grow, value-conscious purchasers looking for a home with above-average metrics for the area, or those interested in the long-term potential of a large lot in a mature neighbourhood.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, layout, and whether it includes legal secondary suite potential, which could significantly impact utility and value.
2. How does the 1962 build year affect the home?
While newer homes rank higher, a 1962 build in an established area like Booth is typical. The key considerations will be the condition of major aging components (like roof, windows, plumbing, and electrical systems) and whether renovations have updated these. The high assessed and recent sale values suggest the home has been maintained.
3. The lot is large, but how is it shaped and oriented?
The total square footage is substantial, but the lot's dimensions, shape, and sun exposure aren’t detailed. These factors greatly influence usability for gardening, recreation, or future additions. Reviewing a survey or lot plan is advised.
4. The home ranks highly for value, but what about the neighbourhood feel?
The data shows the property outperforms most of its neighbours in key metrics. This can indicate a premium property within the area. Prospective buyers should visit at different times to assess traffic, noise, and overall community atmosphere to ensure it aligns with their lifestyle.
5. What is the significance of the nearby comparable property at 294 Nightingale Road?
This reference property, with a smaller living area and lower assessed value, helps contextualize the asking price for 253 Ronald Street. It highlights that you are paying a premium for significantly more interior space and land, which is reflected in the value rankings.