Property Overview: 133 Fraser's Grove, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1958, situated on a standard-sized lot in the Kildonan Drive area. Its key appeal lies in its solid, no-fuss practicality and established neighbourhood setting. With 1,084 sqft of living space and a renovated basement, it offers functional living without excessive size or upkeep. The detached garage adds convenience.
The home’s metrics are consistently "around average" when compared locally, which is its greatest strength: it represents a stable, predictable offering in the market. It’s not an outlier in size, value, or land, making it a straightforward and understandable purchase. This property would suit first-time buyers seeking a move-in-ready home without premium costs, or downsizers looking for single-level living in a mature community. A less obvious perspective is that its very averageness can be an asset, potentially offering more stable long-term value with less volatility than more unique or trendy properties.
Section 2: Frequently Asked Questions
1. What is the exact recent sold price?
Public records show a sold price range between $32.5k and $35.5k in August 2019. For the precise figure, you can request the exact sold price history via email from the listing source.
2. How does this home compare to others on the street?
It is consistently around the average for Fraser's Grove in terms of living area, assessed value, and lot size. It ranks in the middle third of comparable homes on the street, indicating it is a typical, representative property for the block.
3. What does "renovated basement" typically mean for a 1958 home?
While specifics should be verified by a viewing and inspection, for a home of this era, this often indicates updated finishes, improved moisture control, and modernized electrical or living spaces, adding valuable functional square footage.
4. Is the assessed value a reliable indicator of the market price?
The assessed value ($37.3k) is for municipal tax purposes and is typically lower than market value. It is useful for comparing relative worth against neighbours, but current market conditions, the home’s interior condition, and recent renovations will determine the actual sale price.
5. What are the potential considerations with a 68-year-old home?
While the basement has been renovated, a home of this age warrants a thorough inspection. Key focus areas typically include the original roof, windows, plumbing, electrical systems, and the foundation, even if some updates have been made over the decades.