Property Overview & Key Characteristics
This well-situated one-storey home in Winnipeg's Booth neighbourhood offers a classic layout with notable updates. Its key appeal lies in the combination of a generous, above-average lot size (over 6,170 sq ft) and a recently renovated basement, providing immediate livable space and potential. Built in 1959, the home is older than most in the immediate area but features a living area that is quite spacious for the street. With a detached garage and no pool, it presents a low-maintenance exterior profile.
The property would suit first-time buyers or downsizers looking for a solid, single-level home with a large yard in an established neighbourhood. It’s also a practical fit for value-conscious buyers who prioritize move-in readiness (thanks to the basement renovation) over a more modern build date, and for those who see potential in the substantial land parcel for future gardening, expansion, or simply enjoying more private outdoor space.
Frequently Asked Questions
1. How does the age of the home compare to others nearby?
Built in 1959, this home is older than approximately 89% of houses in the broader Booth neighbourhood, meaning many surrounding properties are newer. However, it is close to the median age for houses on its specific street.
2. Is the living space typical for the area?
Yes, the 1,526 sq ft living area is larger than about 73% of homes in the neighbourhood and significantly above average for Wallasey Street itself, ranking in the top 11% on the street for size.
3. What does the lot size mean for me?
At 6,171 sq ft, the lot is larger than roughly 73% of properties in Booth. This is a key feature, offering more yard space for recreation, gardening, or future projects like a shed or deck, compared to many neighbouring lots.
4. How does the recent sale price relate to the assessed value?
The home sold for $340,000 in October 2020, which is significantly higher than the current assessed value of $35,100. It's important to understand that municipal assessed value for taxation purposes is not a market appraisal; the sale price is a much stronger indicator of its recent market value.
5. Are the basement renovations a major advantage?
Yes. A renovated basement immediately adds functional living space without the need for a major project. This is a valuable feature for expanding usable square footage for family, entertainment, or storage, and is a practical update that many older homes in the area may not have.