Property Overview & Key Characteristics
This well-situated one-storey home in Winnipeg's Booth neighbourhood offers a classic, low-maintenance layout on a generously sized lot. Its primary appeal lies in the combination of a renovated basement and a land area that ranks within the top 20% for its neighbourhood, suggesting solid value for the space. The home suits first-time buyers seeking a manageable footprint with room to grow, or downsizers looking for a single-level living option without sacrificing yard space. A thoughtful perspective is its relative modernity compared to other houses on its street—built in 1961, it is newer than about two-thirds of its immediate neighbours, which can be an advantage for systems and structure. While it lacks a garage and pool, its strong rankings for lot size and a modernized basement present a practical foundation.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, materials used, and whether it includes added living space, a rental suite, or simply updated amenities.
2. How does the assessed value relate to the listing price?
The assessed value is $32,200 for municipal tax purposes. The listing price is not provided in this data, so a direct comparison isn't possible. Market conditions, recent upgrades, and seller motivation will determine the final sale price, which is often different from the assessed value.
3. Is the large lot a usable shape and are there any development restrictions?
At over 8,500 sq ft, the lot is a significant asset. Its exact dimensions, zoning (R1, R2, etc.), and any easements or covenants should be verified with the city and title search to understand its full potential for gardening, expansion, or future development.
4. How does this home compare to others in the area?
The data shows comparable assessed values in other neighbourhoods, but similar homes on the same street (Thompson Drive) have slightly smaller living areas. This property offers more indoor space than many immediate counterparts, which may justify a potential price premium.
5. What are the implications of having no garage?
Buyers should consider the cost and feasibility of adding a garage or carport, if desired, subject to local bylaws. For those comfortable with street or driveway parking, the lack of a garage reduces maintenance and can make the property more affordable upfront.