Property Overview: 188 Belton Street, Winnipeg
Key Characteristics & Appeal
This two-storey home in Inkster Gardens presents a compelling blend of space, value, and established community living. Its key strength is its generous 2,110 sqft of living area, which ranks in the top 7-8% compared to homes on its street, in the neighborhood, and across Winnipeg. This above-average size is complemented by a fully renovated basement, adding significant functional space. The home sits on a solid, roughly 6,000 sqft lot and benefits from an attached garage.
The appeal lies in its standout assessed value, which is positioned in the elite top 3% on Belton Street and above average city-wide. This suggests a strong valuation foundation relative to its immediate peers. Built in 1989, the home is newer than the Winnipeg average, potentially implying fewer major age-related concerns than older stock. It suits buyers looking for a spacious, move-in-ready family home (thanks to the renovated basement) in a mature neighborhood, who prioritize getting above-average square footage and a solid property assessment for their investment.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $52,600 is for municipal tax purposes and is a starting point for valuation. The historical sold price data from 2017 shows a range of $39.5k - $42.5k, but market conditions have changed. A current market evaluation is essential to determine the listing and eventual selling price.
2. What does the "top percentile" ranking actually mean for a buyer?
It provides context beyond raw numbers. For example, ranking in the top 3% for assessed value on its street means this home is officially valued higher than 97% of its direct neighbors. This can indicate a premium property on the block, possibly due to its size, renovations, or condition.
3. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify with the seller and the city whether the renovations meet code for a suite and if any permits were pulled, as this affects value, insurance, and legality.
4. How does the lot size compare, and what are the implications?
At 5,971 sqft, the lot is above average for Inkster Gardens but around average city-wide. This typically means ample backyard space for the neighborhood without the extensive maintenance of a much larger lot—a balanced offering for a family.
5. Why is the exact sold price history only available by email?
Sold price data is carefully regulated. The provider offers the exact figures manually via email to ensure compliance with data licensing agreements, ensuring the information is delivered responsibly to serious users without public dissemination that might violate terms.