Property Overview
This 1963 three-level split home at 896 Buchanan Boulevard presents a practical opportunity in Winnipeg's Buchanan neighbourhood. Its key appeal lies in a renovated basement and a detached garage, situated on a solid 6,046 sqft lot that is notably larger than many in the immediate area. With 1,136 sqft of living space, the home offers above-average roominess for its street and neighbourhood. The data suggests a property that is consistently "around average" in assessed value for its various comparison groups, indicating a stable, mid-market investment. It would suit first-time buyers seeking a move-in-ready basement, downsizers looking for a manageable home with a generous yard, or value-oriented investors attracted to its renovated condition and typical valuation for the area.
Key Details & FAQs
- Style: 3 Level Split
- Year Built: 1963
- Lot Size: 6,046 sqft
- Living Area: 1,136 sqft
- Features: Renovated basement, Detached garage
- Last Sale: December 2016 for $27,800
1. What does the ranking data actually tell me about this property?
The rankings compare this home to others on the same street, in Buchanan, and citywide. They show this property's lot size is a standout feature locally, and its living space is more generous than many neighbours'. Its assessed value and age are consistently mid-range, indicating it's a typical, established home for the area without extreme highs or lows.
2. Is the renovated basement a full suite?
The listing specifies a renovated basement but does not mention a separate kitchen or entrance. Buyers should verify the scope of the renovation and its compliance with local regulations to understand its potential as a living or rental space.
3. What are the considerations with a detached garage?
A detached garage offers flexibility and can reduce noise transfer, but it requires going outside in all weather. It may also present an opportunity for future conversion to a workshop or studio, subject to local bylaws.
4. How does the 2016 sale price relate to today's value?
The 2016 sale price of $27,800 is a historical point and not reflective of current market value. The assessed value provides a more recent benchmark for municipal taxation, but the market sale price is determined by current conditions, which can differ significantly.
5. What is the neighbourhood character like?
Being on a Boulevard often means a wider, quieter street. The consistent "around average" metrics for the area suggest a stable, established neighbourhood without wild fluctuations, which can be appealing for long-term consistency.