Property Overview: 269 Brooklyn Street, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home on Brooklyn Street in the King Edward neighbourhood presents a compelling mix of modern convenience and established community. Its key appeal lies in its above-average condition and metrics for the immediate area, offering a move-in-ready opportunity without the premium of a brand-new build.
Built in 2009, the home is notably newer than most in King Edward and on its street, suggesting modern construction standards, fewer immediate maintenance concerns, and updated systems. The living space (1,212 sq ft) is comfortably above the local average, providing ample room without being excessive. A renovated basement adds valuable functional space. It's important to note the lot size is more compact than typical for the city, which translates to less yard maintenance but also more limited private outdoor space.
The property’s strong assessed value relative to its street and neighbourhood indicates it is perceived as a solid asset in its micro-market. This home would suit first-time buyers or downsizers seeking a low-maintenance, modern property in an established inner-city area. It’s also a practical fit for those who prioritize interior space and recent upgrades over a large garden. The lack of a garage is a trade-off for the neighbourhood’s character and location.
Section 2: Frequently Asked Questions
1. How does the lot size impact the property?
While the home itself is spacious, the lot is smaller than many in Winnipeg. This means lower outdoor upkeep but also limited potential for expansions like large additions or a detached garage. The appeal here is the efficient use of space, focusing value on the dwelling itself.
2. The home sold in 2023 and 2017. What does that history suggest?
The sold price ranges show significant appreciation between 2017 and 2023. This active sales history in a short period could indicate a well-liked property that changes hands for lifestyle reasons, but it’s always wise to investigate the specific circumstances of past sales.
3. What does the "above average" assessed value really mean?
It means the city’s assessment for this home is higher than most of its direct neighbours. This can reflect its newer age, renovations, and condition. However, it doesn't directly predict market selling price, and property taxes will be based on this assessed value.
4. Is the renovated basement a legal suite?
The details provided state the basement is renovated but do not specify if it’s a legal, rentable suite. This is a crucial distinction for financing, insurance, and potential rental income, and must be verified with the seller and city records.
5. How does this home compare to others on the same street?
The data shows this home ranks highly on Brooklyn Street for living area, year built, and assessed value. Essentially, it is one of the larger, newer, and more valuable homes on the block, offering a premium position within its immediate streetscape.