Property Overview: 4 Pebblewood Lane, Heritage Park, Winnipeg
Key Characteristics & Appeal
This one-storey home, built in 1963, offers a practical and updated living space in Winnipeg's Heritage Park neighbourhood. Its primary appeal lies in its balance of a renovated basement, manageable scale, and a quiet, established location. With 1,221 square feet of living area, the home is notably spacious for its immediate street, ranking in the top 11% among its nine closest neighbours. This suggests a home that feels roomier than others on the block.
The property suits buyers looking for a solid, single-level home without the maintenance of a large yard or extensive upgrades, as the basement renovation is a key modern touch. It’s a pragmatic choice for first-time homeowners, downsizers, or those seeking a straightforward layout. A thoughtful perspective is its positioning within the broader market: while its assessed value is below average for Heritage Park, it is around average city-wide. This indicates a potential value opportunity within a desirable neighbourhood, appealing to buyers who prioritize location and are comfortable with a home from the 1960s. The lot size, while smaller than many in the area, offers manageable outdoor space.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,221 sq ft, this home offers more living area than most on its street, ranking 1st out of 9 comparable properties on Pebblewood Lane. It is competitively sized within the wider Heritage Park area.
2. What is the significance of the assessed value being below average for Heritage Park?
The assessed value places this home in the top 80% for the neighbourhood, meaning it is valued lower than about 80% of comparable homes in Heritage Park. This could reflect its older vintage (1963) and smaller lot, but may present a more accessible entry point into the area.
3. Has the basement renovation been permitted?
This information is not provided in the public data. A buyer should verify the scope and permits for the renovation with the seller or through a professional inspection.
4. What are the typical property taxes for a home with this assessment?
With an assessed value of $31,800, property taxes would be calculated using the City of Winnipeg's annual mill rate. You can estimate taxes by multiplying the assessment by the current residential mill rate.
5. Can I get the exact historical sale price?
The listed sale price range for November 2022 is $31,500-$34,500. The exact sale price is not publicly posted, but the listing service offers to provide it via email upon request at no cost.