Property Overview: 270 Carriage Road, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This bi-level home at 270 Carriage Road is a solid, well-positioned property in Winnipeg's Heritage Park neighbourhood. Built in 1970, it stands out on its street as one of the newer homes, ranking in the top 3% for year built among immediate neighbours. With 1,167 sqft of living space and a recently renovated basement, the home offers functional, modernized living areas. Its lot size of nearly 6,000 sqft is above average for the street, providing good outdoor space.
The home’s primary appeal lies in its strong financial positioning within the local market. It boasts an assessed value significantly above the street and neighbourhood averages, placing it in the top 6% on Carriage Road. This suggests the property is viewed as a higher-value asset in its immediate area, likely due to updates and its condition. Recent sale activity indicates a strong and increasing market value.
This property would suit pragmatic buyers looking for a move-in ready home with a renovated basement in an established neighbourhood. It’s ideal for someone who values a property that outperforms its immediate peers in terms of assessment and relative newness, indicating a sound investment. First-time buyers or small families seeking a manageable yard and a home that doesn’t require immediate major updates will find it particularly fitting.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home’s assessed value is $41,800. It last sold in June 2024 for an estimated $43,500–$46,500, which was in the top 8% of sale prices for the street at that time. This indicates the market price is consistent with or exceeds its high assessment.
2. Is the living space smaller than average?
At 1,167 sqft, the living area is slightly below the average for Heritage Park (~1,319 sqft) but is very close to the average for Carriage Road itself (~1,222 sqft). The renovated basement effectively adds to the usable space.
3. What does the "newer" build year mean for this home?
Being built in 1970 makes it newer than most on its street. While still over 50 years old, this can be an advantage as major components like wiring or plumbing may be from a later standard than older neighbouring homes, potentially reducing near-term replacement costs.
4. Who are the typical neighbours?
The listing shows nearby properties are consistently single-family homes on similar-sized lots. The direct neighbour at 260 Carriage Road sold in early 2024 at a notably lower price point, highlighting the value premium for 270 Carriage Road.
5. How can I get the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service offers to provide them manually via email upon request, with a promise of a same-day response and no unsolicited marketing use of your contact information.