Property Overview: 391 Aldine Street
Key Characteristics & Appeal
This is a well-situated 3-level split home built in 1961, offering a practical layout on a generous 5,445 sqft lot. Its primary appeal lies in its balance of space, established neighbourhood character, and recent updates. The home features a renovated basement, adding valuable finished living area to the 1,167 sqft main footprint, and includes a detached garage. The lot size is a significant asset, ranking in the top half of the street, providing ample outdoor space uncommon in newer developments.
The property suits first-time buyers or downsizers looking for a manageable home with room to grow or entertain outdoors. It also appeals to value-conscious buyers seeking a solid, updated structure in an established area without the premium price of a newer build. A less obvious perspective is its potential for those who appreciate a home with a clear renovation history (the basement) where major foundational work may already be addressed, allowing them to focus on personalizing the main living spaces. Its assessed value has remained stable, suggesting a reliable, low-volatility investment in a mature neighbourhood.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this property against others on its street, in the neighbourhood (Booth), and across Winnipeg for metrics like lot size and year built. For example, its lot size is in the top 58% on Aldine Street, meaning it's larger than average for the immediate area, which is a positive differentiator.
2. Is a 3-level split layout efficient?
This layout can offer good separation of living and sleeping areas, often with a distinct zone for recreation or guests on the lower level. It's a classic design for its era, but those with mobility concerns may want to consider the multiple short flights of stairs.
3. The home was last sold in 2020. What does that indicate?
The sale four years ago, close to the current assessed value, suggests a stable market value without extreme price fluctuations. It may indicate a motivated seller who has owned the property for a medium-term period.
4. What are the implications of a detached garage?
A detached garage offers flexibility—it could be used as a workshop or project space without concerns about fumes or noise in the house. The trade-off is navigating between your car and home in Winnipeg's winter months.
5. How significant is the "renovated basement" mention?
This is a key feature, adding comfortable living space. It's important to clarify the scope, permits, and quality of the renovation, as this can significantly impact the home's functionality and value compared to similar unrenovated properties.