Property Overview
This two-storey home at 66 Prairie View Road in Winnipeg’s Booth neighbourhood presents a compelling blend of space, location, and established value. Built in 1969, it sits on a generous 7,396 sqft lot, offering above-average outdoor space for the area. The home itself provides 2,214 sqft of living area, which ranks highly for size both on its street and within the wider city. A key feature is the renovated basement, adding modernized living space. With an attached garage and no pool, it aligns with practical, year-round Winnipeg living.
Its appeal lies in its solid positioning within a mature community. The data suggests a home that outperforms many of its local and citywide peers in terms of lot size, living space, and assessed value. It’s not the newest on the block, but its rankings indicate a property that has been maintained and stands out in its immediate context. This would suit buyers looking for a move-in ready family home with room to grow, who value established neighbourhoods with larger lot sizes over brand-new construction. It’s particularly suited for those who appreciate a home with a proven history of value retention and the character of a well-kept, older property.
Frequently Asked Questions
Q: How does the age of the home (built 1969) impact its value and appeal?
A: While not new, the home’s age is a relative strength on its street, ranking in the top 3% for being newer than most neighbours. This, combined with a renovated basement, suggests updates have been made. It appeals to those seeking mature landscaping, established communities, and often more generous lot sizes than newer subdivisions.
Q: The last sale was in 2019 for $45k. Why is the assessed value now $51.9k?
A: Assessed value is for municipal tax purposes and is based on mass appraisal techniques and market trends. The increase since 2019 likely reflects general market movement and improvements (like the basement renovation). It is a guideline, not a direct marker of current market value, which is determined by buyer competition.
Q: What do the ranking percentages (e.g., "Top 15% on street") actually tell me?
A: These rankings directly compare this property to specific groups (street, neighbourhood, city) for each metric. For example, ranking in the top 15% for living area on its street means it is larger than 85% of its immediate neighbours. This quantifies how the home stands out in its local context.
Q: The lot is large for the area, but is there a trade-off?
A: A large, mature lot provides excellent private outdoor space and potential. The trade-off can include more yard maintenance and the possibility that the home itself, given its era, may have a different floor plan style than a new build. The value is in the land and space itself.
Q: Who would this property NOT be ideal for?
A: It may not suit buyers seeking ultra-modern, open-concept layouts without any renovation projects, or those who prefer a brand-new home with contemporary builder warranties. The appeal is geared toward those who value space, location, and established character over absolute newness.