Property Overview
444 Aldine Street is a 3-level split home built in 1962, situated on a generous 5,506 sqft lot in Winnipeg's Booth neighbourhood. Its key appeal lies in the combination of a renovated basement, above-average lot size, and a position that offers solid value within its local context. The home presents a practical opportunity rather than luxury, with its 1,177 sqft living area and lack of a garage or pool. It would suit first-time buyers, value-oriented investors, or downsizers looking for a manageable property with a good amount of outdoor space and recent updates below grade. A thoughtful perspective is that while the home itself is average in size and age for the area, the lot size is a standout asset, offering future potential for expansion or landscaping. Additionally, its most recent sale price in 2016 was notably lower than many neighbours', suggesting the current owner may have acquired it as a value purchase, a potential advantage for the next buyer.
Key Details & FAQs
Key Characteristics & Appeal
This is a pragmatic, no-frills property anchored by two main strengths: a renovated basement and a lot size that ranks in the top 30% on its street. Its appeal is for the buyer who prioritizes functional space and land over turn-key modern finishes. The home's assessed value is consistently mid-range for its immediate area, indicating it's a typical representation of the neighbourhood rather than an outlier. It would suit a buyer comfortable with a 1960s layout (the 3-level split), who values the private outdoor space the lot provides and sees the renovated basement as a ready-to-use living or recreational area. It's less suited for someone seeking a modern open-concept layout or attached parking.
Frequently Asked Questions
1. What does the ranking data (e.g., "Top 30%") actually mean?
These rankings compare this specific property against all other homes on its street, in its neighbourhood, and across Winnipeg for that particular metric (like lot size or year built). For example, "Top 30% in same street" for lot size means this property's lot is larger than 70% of the other lots on Aldine Street.
2. The house sold for $27.5k in 2016. Why is the assessed value now $33.4k?
The 2016 sale price is a historical record and reflects the market value at that time. The assessed value is an estimate by the municipal authority for taxation purposes, calculated using mass appraisal techniques and market trends, and is typically different from a current market sale price.
3. There's no garage. Is street parking readily available?
The listing confirms there is no garage. As a standard next step, potential buyers should visit the street at different times to assess typical parking availability, as this can vary by neighbourhood and time of day.
4. The living area is average, but the lot is large. What are the implications?
This combination suggests the home's footprint on the property may be modest, leaving considerable yard space. This is ideal for gardening, pets, or children's play. It could also, subject to local zoning, allow for future additions like a shed, deck, or even an extension.
5. How does the "renovated basement" affect the living space?
A renovated basement typically adds functional, finished square footage to the home's usable space. It's important to clarify the scope and quality of the renovation, what the space is currently used for (e.g., rec room, bedroom, suite), and whether necessary permits were obtained.