Property Summary: 301 Harcourt Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in the Booth neighbourhood sits on a generous, nearly 6,000 sqft lot, offering more outdoor space than most in the area. Built in 1964, the home features a renovated basement and a detached garage. With just over 1,100 sqft of living space, it presents a manageable footprint.
Its primary appeal lies in its balance of established location and valuable land. The lot size is a significant asset, ranking in the top quarter for the street, which provides room for gardens, play, or future expansion. The renovated basement adds immediate functional living space without the need for initial projects. This property suits first-time buyers seeking a move-in-ready home with room to grow, or downsizers looking for a single-level layout without sacrificing yard space. It also appeals to value-conscious buyers who recognize the long-term worth of a larger lot in a mature neighbourhood, where the land itself is often the appreciating asset.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the recent sale price?
The home was assessed at $34,200 but sold for $360,000 in August 2022. This large discrepancy is common and reflects that the provincial tax assessment is not a market valuation; it is used for calculating property taxes and is typically much lower than actual market value.
2. What is the significance of the lot size?
At 5,993 sqft, the lot is notably larger than many in the vicinity. This is a key feature, offering more privacy, recreational space, and potential for additions like a shed, deck, or garden than a standard lot.
3. Is the neighbourhood considered established or up-and-coming?
Booth is a long-established, stable neighbourhood. The rankings provided show the home is typical for the area in age and value, suggesting consistency rather than rapid change. It’s a choice for those preferring mature communities with settled character.
4. What should I know about a home built in the 1960s?
While the renovated basement is updated, a buyer should still consider the condition of major original components. A thorough inspection of the roof, wiring, plumbing, and the foundation of the main floor and detached garage is advised to plan for future maintenance.
5. How does this home compare to nearby properties?
The listed comparable properties at 294 Nightingale Road and 350 Thompson Drive have similar sizes, ages, and assessed values, confirming this home is priced within its local market segment. This consistency can provide confidence in the area’s valuation.