Property Overview: 47 Prairie View Road
Key Characteristics & Appeal
This well-situated one-storey home in Winnipeg's Booth neighbourhood presents a classic and practical living opportunity. Its primary appeal lies in a combination of generous outdoor space and a recently renovated basement, offering immediate livability and room to grow. The 7,199 sqft lot is notably larger than most in the immediate area, ranking in the top 60% on its street, which is a significant asset for gardening, recreation, or future expansion.
Built in 1967, the house itself is older but has been maintained, with a living area that is spacious for the street. The attached garage adds convenience. The home’s recent sale in early 2025 suggests a refreshed market valuation. It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout without sacrificing yard space, or value-focused buyers who appreciate a large lot and a finished basement as a solid foundation, with cosmetic updates potentially made over time.
A less obvious perspective is its positioning within a cluster of similar-value homes in established neighbourhoods like Elmhurst and Varsity View, indicating it offers a comparable entry point into a stable, mature community. The data suggests you are purchasing more for the land and location than for a modern structure, which can be a strategic long-term investment.
Frequently Asked Questions
Q: How does the lot size compare to others nearby?
A: The property's land area of 7,199 sqft is a standout feature, ranking in the top 60% on Prairie View Road. This means it is substantially larger than many of its immediate neighbours.
Q: Has the home been updated recently?
A: The listing confirms the basement has been renovated. The year built is 1967, so prospective buyers should inquire about the age of major systems (roof, HVAC, windows) and the scope of the basement work during a viewing.
Q: What is the neighbourhood like?
A: Located in Booth, the home sits in a mature Winnipeg community. The rankings show it is in a relatively newer segment of its street (top 10%) but a more established part of the wider neighbourhood.
Q: Is the price fair based on recent sales?
A: The home sold in February 2025 for $42.50k. This recent transaction provides a clear, current benchmark for its market value, which appears aligned with similar properties in comparable neighbourhoods.
Q: Who would this home suit best?
A: Its one-storey layout and renovated basement make it suitable for those seeking minimal stairs, such as first-time buyers or downsizers. The large lot also appeals to anyone valuing outdoor space or seeing long-term potential in the land itself.