Property Overview & Key Characteristics
This well-situated one-storey home in Winnipeg’s Booth neighbourhood sits on a large, approximately 7,574 sqft lot, offering significant outdoor space that ranks above average for the area. The home itself, built in 1960, features 1,054 sqft of living space and a renovated basement. A detached garage provides additional storage or workshop potential. Its appeal lies in the combination of a substantial, private lot—a relative rarity—and move-in ready updates like the finished basement. The recent sale history suggests a dynamic local market.
This property would suit a buyer looking for a solid starter home or downsizer who values space to garden, entertain, or simply enjoy outdoors more than a large interior footprint. It’s also a practical choice for those seeking a manageable single-level layout with the bonus of flexible, renovated below-ground space.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The lot is a key feature, ranking in the top 56% on its own street and the top 62% in the broader neighbourhood. This means it’s notably larger than many surrounding properties, offering more privacy and potential.
2. The home sold for significantly more than its assessed value in 2023. What does this indicate?
This is common and reflects market conditions, buyer demand, and the value of recent renovations (like the basement) that may not be fully captured in the formal assessment. It shows the property is in a sought-after area where buyers are willing to pay a premium.
3. What is the neighbourhood like?
Located in Booth, the property is near Silver Heights for reference. The rankings show it sits in a mixed area of older and newer homes, with this property’s build year being newer than most on its street. It’s a mature, established community.
4. Are there any concerns about the home’s age?
Built in 1960, major systems like roof, plumbing, or electrical may be due for updates or inspection. However, the renovated basement is a positive sign of recent investment. A thorough inspection is always recommended for homes of this vintage.
5. How does the living space compare to nearby homes?
At 1,054 sqft, the interior is compact relative to the lot size. It ranks in the top 20% for size within the neighbourhood, meaning many homes are smaller, but it’s not a large house by modern standards. The layout and renovated basement effectively expand the usable space.