Property Overview: 90 Shore Street, Winnipeg
Key Characteristics & Appeal
This well-maintained, one-storey home in Fairfield Park offers practical, single-level living in a modern package. Built in 2007, it sits on a generous 4,800 sqft lot, providing ample outdoor space that ranks in the top quarter for size on its street. The 1,208 sqft living area is efficiently designed and is larger than most nearby homes. Key features include an attached garage and a renovated basement, adding valuable finished space.
The appeal lies in its move-in-ready condition and strong positional metrics within its community. It ranks highly for lot size, living area, and assessed value compared to its immediate neighbours, suggesting it's a above-average offering on its block. The 2017 sale price of $38,600k, combined with a current assessed value of $47,300k, indicates a history of value growth. It suits first-time buyers seeking a modern, low-maintenance home, downsizers looking for single-level convenience without sacrificing yard space, or investors attracted by its relatively recent build date and renovated basement in a stable neighbourhood.
Frequently Asked Questions
1. How does this home compare to others in Fairfield Park?
The data shows this home ranks in the top 39% for living area and top 63% for assessed value within the neighbourhood, meaning it offers more interior space and is valued higher than many comparable properties nearby.
2. What is the significance of the assessed value versus the last sale price?
The assessed value of $47,300k is set by the municipality for tax purposes. The last recorded sale was in 2017 for $38,600k. The increase suggests the property has appreciated in value over that period, though market conditions will determine the actual listing and sale price.
3. Is the basement development legal and permitted?
The listing notes a "renovated" basement. It is essential to verify with the seller or city records that any renovations were completed with the proper permits and meet local building codes.
4. What are the annual property taxes?
You can estimate the annual property tax by multiplying the assessed value ($47,300) by the current municipal tax rate for Winnipeg. Your real estate agent or the city's website can provide the exact rate for a precise calculation.
5. The home is described as a "ONE STOREY." Does the renovated basement add living space?
Yes. While the main living area is 1,208 sqft on one floor, the renovated basement adds additional finished space. Be sure to clarify the basement's square footage, ceiling height, and specific features (e.g., bedroom, living area) to understand the home's total usable space.