Property Overview: 660 Renfrew Street, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on a large 7,754 sqft lot in J.B. Mitchell presents a compelling mix of space, location, and value. Its key appeal lies in the substantial lot size, which ranks in the top 4% of the neighbourhood, offering rare potential for expansion, gardening, or outdoor living. While the 1,030 sqft living area is close to the neighbourhood average, the property’s assessed value of $450k is notably above average for the area, suggesting desirable features or updates not fully captured in the basic metrics—like the mentioned renovated basement.
The home suits practical buyers looking for a solid, single-level layout in an established area. It’s particularly well-matched for those who prioritize private outdoor space over a large interior footprint, or for future-minded owners who see value in the lot’s potential. The fact that it’s newer than most homes on its street and in J.B. Mitchell is a subtle but positive point regarding its construction era. Recent sale activity on the street indicates an active, desirable block.
Section 2: Frequently Asked Questions
1. What does the above-average assessment value indicate?
An assessed value ($450k) significantly higher than the neighbourhood average typically reflects a combination of factors including the large lot size, the renovated basement, and overall property condition. It suggests the municipality views it as a higher-value asset within its peer group.
2. How does the lot size compare practically?
At over 7,750 sqft, the lot is substantially larger than most in Winnipeg and is a standout feature for J.B. Mitchell. This provides ample yard space and greater privacy than is common, and may offer future development options subject to zoning.
3. Is the living space sufficient for a family?
At 1,030 sqft, the living area is functional and near the local average for similar one-storey homes. The renovated basement adds flexible space. It would suit a small family, a couple, or someone looking for manageable square footage without a sprawling layout.
4. What is the context of the recent sold price range shown?
The listed range (e.g., $44.5k-$47.5k in 12/2023) appears to be an anomaly and likely represents a data formatting error, not the actual sale price. Always verify exact sale history through official channels or a real estate professional.
5. What are the less obvious considerations with a 1957-built home?
While newer than many area homes, a house from this era may have original components, like plumbing or electrical systems, that are nearing the end of their service life. A thorough inspection is advised to balance the benefits of a renovated basement with the condition of the core structure.