Property Overview: 474 St Charles Street, Winnipeg
Key Characteristics & Appeal
This well-established, one-storey home in Glendale sits on a generous 5,990 sqft lot, offering more outdoor space than most in its immediate area. Its key features include a renovated basement, an in-ground pool, and a detached garage. Built in 1961, the 1,051 sqft home presents a solid, low-maintenance footprint. Its appeal lies in its turnkey outdoor amenities and the value of a larger, private lot in a mature neighbourhood—a combination that can be hard to find. The 2022 sale price suggests significant recent appreciation.
This property would suit practical buyers looking for a ready-made summer retreat in their own backyard without the need for a large house. It’s also a strong match for those who prioritize land size over interior square footage, offering room for gardening, play, or future expansion. The renovated basement adds flexible living space, making it a pragmatic choice for small families, couples, or downsizers seeking single-level living with bonus space for guests, hobbies, or storage.
Frequently Asked Questions
1. How does the property’s value compare to the neighbourhood?
The home’s current assessed value is in the top half for Glendale, but it sold for well above the typical neighbourhood price in 2022. This indicates it may possess desirable attributes or upgrades that the assessment doesn’t fully capture, warranting a closer look at the specific renovations and condition.
2. Is the pool a major factor in maintenance and cost?
Yes. An in-ground pool is a significant luxury amenity but requires dedicated seasonal maintenance, impacts insurance costs, and contributes to higher utility bills. It’s a major perk for the right buyer but an ongoing consideration.
3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of the finish, ceiling height, moisture control, and whether it includes a proper bathroom or kitchenette to understand its true utility and value.
4. How does the lot size benefit me beyond the pool?
The lot is larger than approximately 73% of others on the street. This not only provides more privacy and yard space but also offers potential for additions like a shed, expanded garden, or deck. It’s a long-term asset that provides flexibility.
5. The home is older—what should I be mindful of?
Built in 1961, core systems like the roof, plumbing, electrical, and foundation should be carefully inspected. However, its age also means it was built during a period of generally sturdy construction, and many original hardwood floors or layouts from this era are valued for their character and durability.