Property Overview: 59 Woodgreen Place
Key Characteristics & Appeal
This is a well-situated two-storey home in Winnipeg's Booth neighbourhood, built in 1967. Its primary appeal lies in a combination of generous space and strong relative standing within its immediate area. The property sits on a very large, mature lot of over 10,800 sq ft, placing it in the top 5% for size in the neighbourhood. The living area of 1,930 sq ft is also comfortably above average for the area.
The home’s key updated feature is a renovated basement, adding functional living space. It includes an attached garage for convenience. While the house itself is not new, its rankings suggest it is a well-maintained and above-average property for its street and community, particularly noted for its lot size and living space.
This property would suit buyers looking for established character and outdoor space in a mature neighbourhood. It’s ideal for those who value a larger yard for gardening, recreation, or future expansion over a brand-new build. The renovated basement also makes it a fit for families or those needing flexible space for a home office, gym, or secondary living area.
Frequently Asked Questions
1. What does the "top X%" ranking actually mean?
These rankings compare this specific property against all others on its street, in the Booth neighbourhood, and across Winnipeg for metrics like lot size and living area. For example, being in the "top 5%" for lot size in the neighbourhood means only 5% of homes in Booth have a larger land area.
2. The assessed value seems low. Is that accurate?
The assessed value ($43.40k) is for municipal tax purposes only and is not an indicator of current market value. The last recorded sale was in 2017 for $337,500, which is a more relevant historical price point.
3. How does the age of the home (1967) factor in?
While newer homes rank higher, this home still ranks in the top 25% for age in its neighbourhood, meaning many surrounding houses are older. This suggests an established, stable area. Buyers should budget for expected maintenance and updates consistent with a home of this era.
4. Is the lot size a potential advantage?
Absolutely. A lot of this size (over a quarter-acre) in an established city neighbourhood is increasingly rare. It offers privacy, space for additions like a deck or shed, and is a significant long-term value driver that smaller, newer lots cannot match.
5. What is the neighbourhood like?
The consistent high rankings across multiple categories—especially lot and living area size—indicate Booth is a neighbourhood of substantial, established properties. This points to a community with a stable, long-term character rather than a rapidly changing one.