Property Overview: 74 Marianne Road, Winnipeg
Key Characteristics & Appeal
This one-storey home in Inkster Gardens is a practical and renovated property built in 1983. Its key characteristic is its balance: it sits comfortably around neighborhood averages for assessed value and lot size, presenting a straightforward entry into homeownership. The appeal lies in its updated basement, detached garage, and a living area (1,040 sq ft) that, while below average for the immediate street, is closer to the city-wide norm. The lot is a manageable 4,999 sq ft.
This home would suit first-time buyers or downsizers looking for a low-maintenance, single-level layout with modernized finishes. It also appeals to value-focused investors or homeowners who prefer a property that isn't over-improved relative to its area, offering room for personalization without the pressure of competing with larger, newer homes on the street. A thoughtful perspective is that its "average" metrics within a mature neighborhood can signal stability and predictability, rather than standing out in a way that might complicate future resale value.
Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,040 sq ft, the living area is below the average for both Marianne Road and the Inkster Gardens area, but is much closer to the Winnipeg city-wide average. This suggests a more compact, efficient layout compared to some immediate neighbors.
2. What is the significance of the assessed value?
The assessed value of $39,600 is around the average for the street and neighborhood. This can indicate the home is priced in line with local norms, which is often viewed as a stable benchmark for municipal taxes and market positioning.
3. Has the basement renovation been permitted?
The listing notes a renovated basement, but specifics on permits and the scope of work are not provided. A buyer should inquire about the renovation details, including when it was done and if all work was completed with the necessary city permits.
4. What is the typical price range for homes on this street?
Based on available data, recent sales on Marianne Road (such as a nearby property in early 2023) have occurred in the range of approximately $36,500 to $39,500.
5. How does the age of the home (1983) affect it?
Built 43 years ago, the home is older than many in the broader Inkster Gardens area. This typically means maintenance on core components like the roof, windows, and major systems should be a key part of the inspection process, but it also comes with a larger, established lot compared to many newer infill properties.