Property Overview
This two-storey home on Villeneuve Boulevard in Parc La Salle is a practical and well-situated property. Built in 1971, its key appeal lies in a desirable combination of a renovated basement and a lot size that is notably larger than most in the area. With 1,760 sqft of land, the property ranks in the top 27% on its street for lot size, offering more outdoor space than many comparable homes. The living area is a manageable 928 sqft, and the home lacks a garage or pool, positioning it as a straightforward, low-maintenance option.
Its strongest financial characteristic is its assessed value of $210k, which places it in the top 9% of homes on its street and the top 4% within Parc La Salle, suggesting it is viewed as a higher-value property in its immediate locale. It last sold in March 2021 for $220k. The home would suit first-time buyers or downsizers looking for an established neighbourhood without a premium price tag, and who value a larger yard over a large interior footprint. A thoughtful perspective is that while the house itself is of average size and age for the area, its above-average assessment on a sizable lot could indicate solid long-term value in a neighbourhood that appears to have a wide range of home values.
Frequently Asked Questions
1. What does the "renovated basement" likely include?
While the listing confirms the basement is renovated, specific details on finish quality, ceiling height, or legal compliance are not provided. It's advisable to confirm the scope of renovations and any required permits during a viewing.
2. How does the lack of a garage affect daily living here?
The property has no garage, which is common for many homes of this era in Winnipeg. Buyers should plan for street parking and consider the cost of adding a shed or carport for storage and vehicle protection.
3. The assessed value seems high for the neighbourhood. Why is that?
The assessment ranks in the top 4% for Parc La Salle. This is likely due to the combination of the renovated basement and, more significantly, the larger-than-average lot size, which is a key factor in municipal valuation.
4. Is the 928 sqft living area sufficient for a family?
The living area is modest and ranks in the top 44% for the neighbourhood. It may be suitable for a small family or couple, with the renovated basement providing crucial additional flexible space.
5. The home is 55 years old. What should I be mindful of?
As a home built in 1971, priority inspections should focus on the roof, windows, and major systems like plumbing and electrical, which may be original or nearing the end of their service life, despite the basement updates.