Property Overview: 471 St Charles Street, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Glendale presents a compelling blend of space, value, and potential. Its most standout feature is the generous 10,117 sqft lot, which ranks in the top 3% of the neighbourhood. This offers exceptional outdoor space for gardening, recreation, or future expansion, a rarity in the city. The 1,285 sqft living area is comfortably above average for both the street and local area. A key modern update is the renovated basement, adding functional living space. The home’s assessed value is notably strong for its immediate surroundings, suggesting solid underlying value relative to its peers.
The appeal lies in this property being a grounded, value-conscious opportunity. It suits a practical buyer who prioritizes land size and living space over a recently built home, and who sees the charm and potential in a well-maintained 1960s bungalow. It would be ideal for a growing family seeking room to play and grow, a hands-on owner interested in gradual updates, or an investor attracted by the lot size and the value-add of the already renovated basement. It’s a home for those who understand that true value often lies in the land and the structure’s good bones, not just in surface finishes.
Frequently Asked Questions
1. What does the "Elite" ranking for Land Area actually mean?
It means this property's lot size is larger than approximately 97% of other comparable homes in the Glendale area, making it a truly premium feature for outdoor space and privacy.
2. The assessed value seems high for the street but average citywide. How should I interpret this?
This indicates the home is considered a higher-value property within its specific, established neighbourhood context (Glendale/St Charles St.), which can be a positive signal for stability and demand in that micro-market, even if newer city developments have different valuation benchmarks.
3. The home was built in 1960. What should I be mindful of?
While the basement is renovated, a home of this age will likely have original major systems (like plumbing, electrical, and the roof) that require careful inspection to understand their condition and remaining lifespan, which is typical for the era.
4. There is a detached garage. What are the implications?
A detached garage offers flexibility (e.g., for a workshop or separate storage) but means dealing with the elements when going between your car and the house. Its condition and potential for upgrade or replacement should be considered.
5. How reliable are the provided past sold price ranges?
The ranges are based on public data estimates. For precise figures to inform your offer, you must request the exact sold price history via the provided email service, as the listing agent does not publish them directly on the page.