Property Overview: 439 Wallasey Street, Winnipeg
Key Characteristics & Appeal
This home is defined by its exceptionally large, private lot—over 12,300 square feet—placing it in the top tier for land size locally. The house itself is a renovated one-storey bungalow with a finished basement, offering practical living space. Its appeal lies in a rare combination: the quiet, established feel of the Booth neighbourhood paired with the substantial yard space more commonly found in rural or suburban settings. While the house is older and of average size for the area, the value proposition is squarely in the land and privacy it affords.
This property would best suit buyers who prioritize outdoor space, potential for expansion, or simply room to breathe over a newer or more modern home. It’s ideal for someone seeking a manageable single-level layout with renovation work already started, or for a household envisioning additions, gardens, or recreational space that a typical city lot cannot accommodate. The detached garage adds functional storage or workshop potential.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated and finished, but specifics on the scope, quality, and permits should be verified through a viewing and by requesting details from the seller or agent.
2. How does the age and condition of the home affect value?
Built in 1957, the home’s assessed value reflects the land size more than the structure. Buyers should budget for updates consistent with a home of this age, though some renovations have been made. A thorough inspection is advised.
3. Is the large lot a future development opportunity?
The lot's size is unusual, but any subdivision or significant development would be subject to City of Winnipeg zoning bylaws and approval processes. This would require independent investigation.
4. How does the assessed value compare to the likely selling price?
The current assessed value is $390k. The home last sold in 2019 for $330k. Market conditions, the unique lot, and recent renovations mean the selling price will be determined by current buyer demand, not the assessment.
5. What is the neighbourhood like for families or daily living?
Booth is an established, quiet neighbourhood. The property ranks highly for lot size within the area, suggesting a private, spacious setting. Prospective buyers should explore the street at different times to gauge traffic and neighbour activity, and research nearby amenities and schools to ensure it fits their lifestyle.