120 Belton Street

Property Overview: 120 Belton Street, Winnipeg

Section 1: Key Characteristics & Appeal

This 4-level split home in Inkster Gardens offers a practical and spacious layout with 1,953 sqft of living space, which is notably above average for its neighbourhood and the city. Built in 1988, it is a well-situated property within its local context. Key features include a renovated basement and an attached garage. Its assessed value of $460,000 positions it as a mid-range option within its immediate area, but as an above-average value when viewed city-wide.

The primary appeal lies in its generous interior space relative to its price point for Winnipeg, offering room for a growing family or those needing a home office or flexible areas. The renovated basement adds immediate modern living space without the need for initial projects. The property suits buyers looking for a move-in ready home with more square footage than many newer builds in a similar price range, particularly those who prioritize indoor living space over a large yard, as the lot size is more compact compared to others on Belton Street. It represents a solid, value-conscious choice in the market.

Section 2: Frequently Asked Questions

1. How does the property’s value compare to recent sales?
Based on available data, the last known sale was in August 2021 in the range of $405,000-$435,000. The current assessed value of $460,000 suggests market growth. It ranks around average for assessed value on its street but in the top third for the broader Inkster Gardens area.

2. Is the living space efficiently laid out in a 4-level split?
A 4-level split can offer good separation of living and sleeping areas, often creating distinct zones. Potential buyers should consider if the stairwells and segmented layout suit their lifestyle, as it differs from an open-concept bungalow or two-storey.

3. What does the "renovated basement" include?
The listing notes the basement is renovated but does not specify the scope. It is essential to verify the quality of the renovation, whether it includes a proper permit, and what specific rooms or features (e.g., bathroom, legal suite, flooring) were updated.

4. The lot is noted as smaller than others on the street. Is this a concern?
At just over 5,000 sqft, the lot is smaller than many direct neighbours but is close to the average for Inkster Gardens overall. This may mean less yard maintenance but also less private outdoor space. It’s a trade-off that emphasizes the home's interior space.

5. How does the year built (1988) affect this home?
Homes from this era often have modern wiring and insulation compared to much older stock but may be due for updates to original components like windows, roofing, or major appliances. Its build date is newer than the city-wide average, which can be a positive.