Property Overview: 900 Buchanan Boulevard
Key Characteristics & Appeal
This well-situated one-storey home on a spacious 6,045 sqft lot offers a practical and straightforward living opportunity in Winnipeg’s Buchanan area. Built in 1964, its key updated feature is a renovated basement, adding valuable finished space to the 1,012 sqft main floor. The property includes a detached garage.
Its primary appeal lies in its generous lot size, which is above average city-wide and provides ample outdoor space for gardening, recreation, or future expansion. The home presents as a solid, no-frills canvas. It suits first-time homebuyers seeking an entry point into the market with room to grow, or value-focused investors and downsizers looking for a manageable property with a renovated basement for potential rental income or a separate living space. A thoughtful perspective is that while the living area is modest, the significant lot-to-house ratio is a notable asset in a mature neighbourhood, offering a sense of openness and privacy that can be rare in this price segment.
Frequently Asked Questions
1. How does the property compare to others in the area?
The home sits comfortably in the middle range for its immediate street in terms of lot size, living space, and age. Its lot is notably larger than many across the city, but the living area is more compact than the Winnipeg average.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish or rooms. This is a key detail to clarify with the listing agent to understand the quality and layout of the additional space.
3. Is the assessed value a good indicator of the sale price?
Not directly. The assessed value for municipal taxes ($28.5k) is significantly lower than the home’s last sale price of $260k in 2018. Market conditions, property improvements, and demand determine sale price, not the tax assessment.
4. What is the neighbourhood like?
Located on Buchanan Boulevard, the property is in a mature, established area. The close proximity of similar homes on the street suggests a consistent streetscape. Further research into local amenities, schools, and traffic would be advisable.
5. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer from vehicles or a workshop to the main house. However, it may be less convenient during harsh Winnipeg winters compared to an attached garage.