Property Overview: 144 Fraser's Grove, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1957, offering a practical and comfortable layout with 1,213 sqft of living space. Its appeal lies in its solid, no-fuss foundation and recent updates, most notably a renovated basement that adds valuable finished space. The home sits on a good-sized 5,551 sqft lot with a detached garage, providing flexibility for parking, storage, or future projects.
The data presents a home of averages with a few strategic advantages. Its living area is consistently above average for its immediate street, offering more interior space than many direct neighbors. While its assessed value is modest compared to others on Fraser's Grove, this can indicate a potentially attractive entry point into the established Kildonan Drive neighborhood. The home’s age (older than most on its street) suggests a classic, sturdy build, but it also means prospective buyers should be mindful of the potential for age-related maintenance.
This property would suit first-time buyers looking for a move-in-ready home with a renovated basement, or downsizers seeking a manageable single-level layout without sacrificing space. It’s a pragmatic choice for someone who values a quiet, established neighborhood over brand-new construction, and who sees the below-average assessment for the street as a value opportunity rather than a drawback.
Frequently Asked Questions
1. What does the "below average" assessed value on this street mean?
While the home’s assessed value is lower than many on Fraser's Grove, it is around average for the wider Kildonan Drive area and city. This could reflect the home’s older vintage compared to neighbors, but it often translates to a relatively lower property tax burden, which is a tangible financial benefit.
2. How updated is the home beyond the basement?
The listing specifically confirms a renovated basement. The condition of major systems (roof, wiring, plumbing, windows) and main-floor finishes (kitchen, bathroom) should be verified through a viewing and inspection, as they are common update points for a home of this age.
3. Is the lot size a pro or a con?
At 5,551 sqft, the lot is above average for the street but smaller than many in the broader city. This offers a good balance: enough outdoor space for gardening or recreation without being overwhelming to maintain, which is ideal for many modern buyers.
4. What is the significance of the 2016 sale price shown?
The sold price from 2016 (~$30.5k - $33.5k) is a historical benchmark and reflects the market of that time. It is not indicative of current market value, which is influenced by nearly a decade of market changes, the basement renovation, and recent comparable sales.
5. Who should consider the detached garage?
A detached garage is ideal for those who want a clear separation between workshop noise/hobbies and the main house, need extra storage, or simply prefer not to have vehicle fumes attached to the home. It does mean a walk to your car in winter weather.