Property Summary: 275 Booth Drive
Key Characteristics & Appeal
This 1963-built, four-level split home sits on a generous 7,097 sqft lot in Winnipeg. Its primary appeal lies in a combination of above-average space and recent updates. With 2,170 sqft of living area, it ranks in the top 6% of Winnipeg for size, offering substantial room for a family. A key modern feature is the renovated basement, adding functional living space. The home includes an attached garage and is situated on a quiet street where it ranks in the top half for lot size.
The property suits buyers looking for a well-established neighbourhood with larger-than-average interiors without a brand-new home price tag. It’s particularly fitting for those who value defined living spaces across multiple levels and have an eye for a property where significant foundational work (like a basement renovation) is already completed. A thoughtful perspective is that while the home itself is older, its above-average proportions on a sizable lot offer potential for future updates to be implemented on a solid, spacious canvas.
Frequently Asked Questions
1. What does the "four-level split" layout mean?
This style typically features short flights of stairs separating living areas, often creating distinct zones for living, sleeping, and recreation across four half-levels. It offers more separation than an open-concept bungalow but can feel more connected than a standard two-story.
2. How does the assessed value relate to the likely selling price?
The municipal assessed value of $39.9k is for tax purposes only and is not an indicator of market value. Recent sale prices in the area (e.g., $340k in 2019) are more relevant for understanding current market potential.
3. The home is 63 years old. What should I consider?
While the renovated basement is a plus, a pre-purchase inspection is essential to evaluate the condition of major aging components like the roof, windows, plumbing, and electrical systems, which may need attention or updating.
4. The lot is large. What are the advantages?
The 7,097 sqft lot, larger than half the others on the street, provides ample outdoor space for gardening, play, or entertaining. It also may offer more privacy and potential for future additions, subject to local zoning.
5. How does this property rank for its age in the area?
The home is among the older properties on its street, which could mean mature trees and an established streetscape. In the broader neighbourhood and city, however, its age is more typical, sitting in a mid-range ranking that suggests a mix of older and newer homes nearby.