735 Sturgeon Road

Property Overview: 735 Sturgeon Road

This well-established two-storey home in Winnipeg's Booth neighbourhood presents a solid opportunity for a range of buyers. Built in 1966, it sits on a generous 4,498 sqft lot and features 1,550 sqft of living space with a renovated basement. The home includes a detached garage and no pool.

Section 1: Key Characteristics & Appeal

The primary appeal of this property lies in its balance of space, location, and value. The lot size is a significant asset, ranking in the top 6% of the neighbourhood, offering ample outdoor room—a relative rarity in mature areas. The home itself is comfortably sized, and the renovated basement adds valuable finished living area. Its assessed value has remained stable in recent years, suggesting a reliable entry point into the market.

This home would suit first-time buyers looking for a move-in-ready property with room to grow, or downsizers seeking a manageable footprint without sacrificing yard space. It also appeals to the value-conscious buyer who prioritizes a larger lot over a newer build. A less obvious perspective is its potential for buyers interested in the long-term stability of established, mid-century neighbourhoods, where the land itself often represents a substantial portion of the investment.

Section 2: Frequently Asked Questions

1. How does the lot size compare to others nearby?
The 4,498 sqft lot is a standout feature, larger than 94% of lots in the Booth neighbourhood. This provides more private outdoor space than most comparable homes in the area.

2. What is the significance of the recent sale history?
The home sold for $280k in 2016 and was assessed at $330k in 2020. The current assessed value is slightly lower at $309k, which may indicate a market correction or provide a negotiation benchmark, but professional appraisal is recommended.

3. Is the home older than others on the street?
Built in 1966, it is older than approximately 79% of homes on Sturgeon Road. This is typical for the core neighbourhood but means prospective buyers should pay close attention to the condition of major aging components like the roof, windows, and foundation.

4. How does the living space compare?
At 1,550 sqft, the living area is larger than about 65% of homes on its street but is moderately sized compared to the wider city. The renovated basement effectively expands the usable space beyond the main square footage.

5. What is the context of the "For Reference" and "Worth Viewing" properties listed?
These are not direct neighbours but comparable listings. 766 Sturgeon Road is newer and larger but in a different neighbourhood. 11 Meadowlark Place is a closer comparison—same build year and neighbourhood, with slightly more living area and a higher assessment—helping to gauge the local market.