Property Overview: 257 Harcourt Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in the Booth neighbourhood sits on a generous 6,596 sqft lot, offering more outdoor space than over half the homes on its street. Built in 1962, the 1,100 sqft residence features a renovated basement and a detached garage. Its appeal lies in a balance of established community charm and practical updates. The lot size is a standout, providing rare potential for expansion, gardening, or outdoor living within the city. The recent basement renovation adds immediate functional living space without the need for initial projects.
This property would suit first-time buyers or downsizers looking for a manageable single-level layout in a mature neighbourhood. It’s also a sensible fit for value-oriented buyers who prioritize land size over a newer build, seeing the potential in the existing structure and the sizable parcel. The historical sale data suggests a neighbourhood with appreciating values, making it a considered entry point into a stable market.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to the area?
The home’s current assessed value is slightly above the median for both the immediate street and the broader Winnipeg area, while its last sale price in 2020 ranked in the top 30% for the street. This indicates it is viewed as a solid asset within its context.
2. Is the living space typical for the area?
At 1,100 sqft, the living area is smaller than about 70% of homes on Harcourt Street. This highlights a trade-off: you are acquiring a larger-than-average lot with a modestly sized, efficient home, which may appeal to those valuing outdoor space over interior square footage.
3. What does the "renovated basement" include?
The listing confirms the basement has been renovated but does not specify the scope. This is a key detail to clarify with the seller or agent to understand if it’s a finished living space, a modernized utility area, or has legal suite potential.
4. How does the age of the home affect its appeal?
Built in 1962, the home is older than about 60% of properties in Winnipeg. This typically means established infrastructure and mature landscaping, but it also warrants a thorough inspection of major systems like roof, plumbing, and wiring to understand any upcoming maintenance.
5. What is the neighbourhood like based on the data?
The provided comparisons show a mix of property ages and values, characteristic of a mature, established neighbourhood. The fact that similar assessed values are found in nearby, often desirable areas like Varsity View and Elmhurst suggests Booth is a comparably valued, stable community.