Property Overview: 179 Stradford Street, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Buchanan presents a solid opportunity. Built in 1972, it sits on a generous 6,048 sqft lot that is above average citywide. The home’s key feature is its spacious 1,262 sqft of living area, which ranks well above average for both the street and the neighbourhood, offering more interior room than many comparable properties. A renovated basement adds valuable finished space and modern convenience.
The appeal lies in its balanced offering of space, location, and value. It suits first-time buyers or downsizers looking for a manageable single-level layout without sacrificing room to live. The large lot is a significant asset for gardeners, those who value outdoor privacy, or future expansion. Investors or renovators may also see potential, given the home’s above-average living space on a desirable lot, paired with an assessed value that sits in a moderate range for the area.
Section 2: Frequently Asked Questions
1. How does the lot size compare to others?
The lot is 6,048 sqft, which is larger than most in the immediate area and ranks above the citywide average, offering more outdoor space than many similar homes.
2. Has the home been updated recently?
The basement has been renovated, indicating some modern upgrades. The condition of the main living areas and major systems (like roof, windows, HVAC) from 1972 should be verified by a home inspection.
3. What is the neighbourhood like?
Buchanan is a mature, established neighbourhood. The property’s metrics show it aligns with typical area values and home ages, suggesting a stable community.
4. Why is the living area considered a standout feature?
At 1,262 sqft, the interior is notably larger than many homes on the same street and in Buchanan, where comparable averages are around 1,049-1,092 sqft. This means more interior space than you might typically find for the price in this locale.
5. What does the sale history indicate?
The home sold in July 2023 for $390,000. This recent transaction provides a clear, current benchmark for its market value, which was above average for the neighbourhood at that time.