Property Summary: 99 Emerald Grove Drive
Section 1: Key Characteristics & Appeal
This well-established two-storey home in Winnipeg’s Booth neighbourhood offers a blend of space, updates, and recreational features on a generous 7,196 sqft lot. Its key appeal lies in its move-in-ready condition with a renovated basement and the added luxury of a private pool—a rare find for the area. The home is larger than most in Winnipeg and sits on a lot that is more spacious than over half of its immediate neighbours, providing a sense of privacy and room for outdoor living.
The property would particularly suit a family or entertainer looking for a turn-key home with established landscaping and amenities, without the wait and premium of a new build. A thoughtful perspective is its strong performance in value metrics; it last sold for a price that ranks in the top 14% of Winnipeg, suggesting it is perceived as a premium property within its market segment. This indicates a solid investment in a desirable setting, likely appealing to buyers who value both lifestyle and long-term equity.
Section 2: Frequently Asked Questions
1. How does the age of the home (built 1967) impact its value?
While older, the home ranks newer than 83% of houses on its street and 77% in the wider neighbourhood, meaning it is among the more recent builds in a mature, established area. The renovated basement helps modernize the living space.
2. What do the assessment value and recent sale price indicate?
The assessed value ($49.2k) is significantly lower than the 2023 sale price ($530k). This is common, as municipal assessments for tax purposes often don't reflect current market value. The sale price ranking in the top tier for Winnipeg signals strong market demand for this specific property.
3. Is the pool a benefit for resale?
It can be a major lifestyle benefit and a differentiator, as pools are not common in this area. It appeals to specific buyers seeking recreational amenities at home, though it does come with maintenance considerations.
4. Who might the "similar assessed value" properties be relevant for?
Those listings are only similar in their municipal tax assessment, not necessarily in market value, size, or features. They are useful for understanding tax comparisons but not for determining this home's actual market price.
5. How does the living space compare to the lot size?
With 1,794 sqft of living area on a large lot, the home offers a balanced footprint. This suggests ample yard space rather than a house that dominates the property, which is ideal for gardening, play, or future expansions like a deck or shed.