Property Summary: 325 Aldine Street
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Winnipeg's Booth neighbourhood offers a practical and comfortable living proposition. Its key characteristic is a renovated basement, adding valuable finished space to the 1,142 sqft main living area. The property sits on a generous 5,205 sqft lot with a detached garage, providing ample outdoor space and storage.
The appeal lies in its established neighbourhood setting and solid fundamentals. While the home itself is of average size for the area, the lot size is notably above average, ranking in the top 21% on its street. This presents a significant opportunity for gardening, expansion, or simply enjoying more private outdoor space than many nearby properties. The 2016 sale price suggests a history of value appreciation, and its current assessed value is competitive within the wider city.
This home would suit first-time buyers, downsizers, or practical investors looking for a move-in-ready property with a low-maintenance single-level layout. It’s ideal for someone who values a larger yard over a larger house and appreciates the character and maturity of a neighbourhood built in the late 1950s. The renovated basement also makes it suitable for those needing a flexible space for a home office, family room, or guest area.
Section 2: Frequently Asked Questions
1. How does the lot size compare to newer neighbourhoods?
At over 5,200 sqft, this lot is significantly larger than what is typically offered in modern suburban developments, where lots are often 4,000 sqft or less. This is a key, less-obvious advantage of this established area.
2. What does the "renovated basement" typically include?
While specifics should be verified with a viewing, in homes of this era a renovated basement usually means a finished recreational room, along with updated flooring, lighting, and possibly a partial bathroom. It's important to check the quality of the renovation and any moisture-proofing measures.
3. Is the detached garage heated or insulated?
This detail is not provided in the data. A detached garage from 1959 is unlikely to be originally built with heating, but it may have been upgraded. This would be an important question for the seller.
4. The home sold in 2016. What might that indicate?
The sale eight years ago suggests the current owners have likely undertaken the basement renovation and other maintenance during their tenure, providing a period of stable ownership. It’s a positive point compared to a property that has flipped more frequently.
5. How does the assessed value relate to the likely selling price?
The assessed value ($33.4k) is for municipal tax purposes only and is not an indicator of market value. In Winnipeg, market value is typically many times higher than the assessed value. The 2016 sale price of $28.3k (also an assessed value figure) demonstrates this; the actual market price paid at that time would have been substantially more.