Property Overview: 67 Geneva Lane, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained two-storey home, built in 2018, offers modern living with a renovated basement and a detached garage. Its key appeal lies in its balance of being a contemporary property within a mature neighbourhood. At 1,437 sqft, the living space is very manageable and ranks around average for its immediate street and the wider city, suggesting it avoids the extremes of being too cramped or overly large for maintenance.
A thoughtful perspective is its relative value. While the assessed value is modest compared to the Fraipont area average, it ranks above average citywide. This indicates you may be acquiring a newer home in a desirable area without the premium price tag often attached to such locations. The lot size (3,404 sqft) is notably above average for Geneva Lane itself, offering more private outdoor space than many direct neighbours, though it is more compact compared to typical Winnipeg lots. This combination suits first-time buyers, small families, or downsizers seeking a modern, low-maintenance home without a full suburban footprint. It’s ideal for someone who values a newer build’s efficiency and a renovated basement’s ready-to-use space, but doesn’t require an expansive yard.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is below the average for the broader Fraipont neighbourhood, but ranks above average for the entire city. This suggests it represents a value-oriented entry point into the area, especially for a home built in 2018.
2. Is the living space sufficient for a growing family?
At 1,437 sqft with a renovated basement, the home provides functional space for a small to medium-sized family. The living area is very typical for homes on its street and is close to the citywide average for comparable properties.
3. What are the implications of the lot size?
The lot is larger than most on Geneva Lane, which is a plus for privacy and outdoor use. However, it is smaller than the average lot in both Fraipont and Winnipeg overall, meaning yard maintenance will be less burdensome but space for extensive additions or sprawling gardens may be limited.
4. What does the sale history indicate?
The property was last sold in August 2023. For the exact sale price, you can request the information via email from the listing service, which provides this data manually without marketing spam.
5. Who might this property not suit?
Buyers seeking a very large lot by Winnipeg standards, or those who prioritize being in a home that ranks above-average in size and value within the Fraipont area itself, might find better options. It’s best suited for those who prioritize a newer, modern build and efficient layout over maximum square footage or land.