Property Overview
This 1964 two-storey home at 448 Aldine Street in Winnipeg's Booth neighbourhood presents a compelling blend of space, value, and established community living. Its appeal lies in its generous proportions and solid positioning within its area.
Key Characteristics & Appeal
The home's most standout feature is its significant living space. At 1,900 sqft, it ranks in the top 2% of homes on Aldine Street for size, offering ample room for a growing family or those who value spacious interiors. This is complemented by a large, 5,496 sqft lot, providing substantial outdoor space for recreation and gardening. A key functional upgrade is the renovated basement, adding valuable finished living area. The home is supported by a detached garage.
Its appeal is rooted in being a larger, well-sized property in an established neighbourhood. The data suggests it offers more house and land than many immediate neighbours and most of Winnipeg, while maintaining a relatively moderate assessed value. This creates a value proposition for buyers seeking space without a premium price tag. It would particularly suit practical buyers—such as families, multi-generational households, or those who work from home—who prioritize square footage and lot size over a newer build date. A thoughtful perspective is that while the home is older, its above-average size for the street and area means it has likely served generations well and offers a canvas for gradual modernization.
Frequently Asked Questions
1. How does the 2017 sale price compare to today's likely value?
The home sold for $320,000 in September 2017. Market conditions have shifted since then, so a current valuation would require a professional assessment, but this historical data provides a useful benchmark for price trajectory in the area.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, layout, and permits should be verified through a viewing and by asking the seller or agent for details.
3. The home is older—what should I consider?
Built in 1964, major systems like roof, plumbing, wiring, and windows should be inspected for age, condition, and updates. The renovated basement is a positive, but a thorough home inspection is strongly advised.
4. How does the assessed value relate to market price?
The assessed value of $39,800 is for municipal tax purposes only and is typically far below actual market value. Market price is determined by current supply, demand, and comparable sales.
5. What is the neighbourhood like?
The home is in the Booth neighbourhood. The rankings show it sits on a street where properties are generally older, but this specific home is larger than most. Researching local amenities, schools, and traffic patterns would provide a fuller picture of daily life there.