Property Overview: 51 Timberline Drive, Eaglemere
Key Characteristics & Buyer Appeal
This well-maintained one-storey home in Eaglemere presents a practical and value-oriented opportunity. Its key characteristic is a recently renovated basement, adding functional living space to the 1,167 sqft footprint. Built in 1997, the home is notably newer than many in Winnipeg overall, suggesting modern building standards and potentially fewer immediate major repairs.
The appeal lies in its balance of modest size and solid value. While the living area is below average for its immediate street and neighbourhood, the property holds its own citywide and boasts an assessed value that is strong locally. A thoughtful perspective is the lot size: at 4,692 sqft, it is the largest on Timberline Drive, offering above-average outdoor space for the street—a premium for those valuing a larger yard in a established area. The attached garage adds convenience.
This home would suit first-time buyers or downsizers seeking a manageable, single-level layout without a large maintenance burden. It’s also a fit for value-conscious buyers who prioritize a renovated basement and a generous lot for the street over a large interior square footage. The recent 2022 sale provides a clear, modern price benchmark.
Frequently Asked Questions
1. Is the house smaller than others in the area?
Yes. The living area is below the average for both Timberline Drive and the broader Eaglemere neighbourhood, but is close to the Winnipeg citywide average. The renovated basement effectively expands the usable space.
2. What does the "Elite" ranking for land area mean?
This means the 4,692 sqft lot is the largest among the 21 comparable properties on Timberline Drive, offering more private outdoor space than its direct neighbours.
3. How does the assessed value compare?
The assessed value is above average for the street but below average for Eaglemere. Citywide, it sits in the top 35%, indicating a solid valuation relative to Winnipeg as a whole.
4. The home sold in 2022. Is that a concern?
Not necessarily. A recent sale provides a transparent, up-to-date market price (52.80k), which is valuable for understanding current value. It may indicate a quick turnover or a previous investor-owned property.
5. Who might this property not suit?
Buyers needing significant above-grade square footage or who prioritize being at the top of the neighbourhood's assessed value range may find it less suitable. It's a home that offers value and lot size over sheer interior size or prestige within Eaglemere.