Property Overview & Appeal
This well-situated one-storey home in Silver Heights is defined by its exceptionally large, nearly 9,000 sqft lot, placing it in the top 2% for size on its street. The appeal lies in this rare combination of a renovated basement, a detached garage, and substantial outdoor space within the city—a canvas for gardening, expansion, or simply enjoying privacy. Its key characteristics include a 1961 build with above-average living area for the immediate area and a stable assessment history.
It particularly suits buyers seeking a ground-level layout with room to grow, whether that's for a family, hobbies, or future projects. Value-conscious buyers will note its assessed value ranks highly within the neighbourhood, suggesting a solid foundation relative to nearby properties. A thoughtful perspective is the home's consistent standing in the top tier for lot size across all comparisons, which is a permanent advantage that outlasts interior trends. It’s a property for those who prioritize land and potential over a brand-new build.
Frequently Asked Questions
1. How does the age of the home (1961) compare to others nearby?
At 65 years old, this home is newer than 96% of houses on Moray Street, making it one of the more recent builds in its immediate vicinity, though it is around the average age for the wider Winnipeg area.
2. What does the sold price history indicate?
The home sold for $350,000 in December 2020 and again for $429,000 in January 2022. This recent increase reflects market trends of the time, and the current assessed value is $44,500.
3. Is the lot size unusual for the area?
Yes. The 8,988 sqft lot is a standout feature, ranking in the top 2% on its street and top 14% in the Silver Heights neighbourhood, offering significantly more space than typical city lots.
4. Who might the "for reference" property at 276 Ainslie Street be for?
That listing is provided as a benchmark for a nearby home with a different profile (smaller, older, and with a lower assessed value), useful for buyers comparing options and value propositions within the same general area.
5. How is the "rank" for different features calculated?
The rankings (e.g., Top 2%) show how this property compares to specific groups—its street, neighbourhood, or all of Winnipeg—for a given metric like lot size or year built. A high rank means it scores well within that specific comparison set.