Property Overview & Appeal
This one-storey home on a generous 6,721 sqft lot presents a practical opportunity in Winnipeg's Booth neighbourhood. Its key appeal lies in a balance of space and value, featuring a renovated basement that adds functional living area to the 1,238 sqft main floor. The detached garage and larger-than-average lot offer useful flexibility for parking, storage, or outdoor projects.
The home suits first-time buyers or downsizers looking for manageable, single-level living without a cramped yard. Its assessed value ranks solidly in the middle of the local market, suggesting a fairly priced entry point. A thoughtful perspective is that while the house itself is older (built 1960), its lot size ranks in the top third for the street, meaning the property's long-term value may be more land-centric. It’s a home for someone who values indoor-outdoor utility over modern architectural style, and who sees potential in a solid, updated foundation.
Frequently Asked Questions
1. How does the lot size compare to others in the area?
The 6,721 sqft land area is notably larger than many, ranking in the top 30% for the street. This is a significant feature for the property.
2. What is the recent history of property value changes?
The last recorded sale was in April 2019 for $29.1k. The current assessed value is $34.5k, which is consistent with similar homes in other neighbourhoods.
3. Is the house older than most in Winnipeg?
Built in 1960, it is older than the Winnipeg average, ranking in the top 38% city-wide (where newer is better). However, it is somewhat newer than many on its own street, ranking in the top 24% there.
4. How does the living space compare?
At 1,238 sqft, the living area is fairly standard, ranking near the middle for the neighbourhood and city, but slightly above average for the immediate street.
5. What are the immediate neighbours like?
The two properties directly adjacent on Thompson Drive are very close (16m and 19m away), indicating a typical, established residential street pattern with nearby homes.