Property Overview & Key Characteristics
This one-storey home at 99 Alburg Drive in River Park South is a practical and well-situated property. Its key appeal lies in a combination of a renovated basement, an above-average lot size for the street, and a living area that is spacious compared to many in the neighbourhood. Built in 1980, the home is newer than most on its street and in the wider area, suggesting potentially fewer immediate age-related concerns than older counterparts.
The property would suit first-time buyers or downsizers looking for a manageable single-level layout in an established community. Its above-average rankings for lot and living space indicate good value for the area, appealing to those who prioritize indoor and outdoor room over a brand-new build. A thoughtful perspective is that while the home’s assessed value sits in the middle range for the city, it ranks highly for its lot size on the street itself, offering a relative sense of privacy and space that might not be immediately apparent.
Frequently Asked Questions
1. How does the renovated basement add value?
A finished basement expands the usable living space, which is a significant asset in a 1,139 sqft home. It can function as a family room, home office, or guest space, adding flexibility without the need for an addition.
2. Is the lot size a major advantage?
At nearly 5,000 sqft, the lot is larger than over 90% of others on Alburg Drive. This provides more yard space for gardening, play, or entertaining than is typical for the immediate area.
3. What does the "newer than most" build year mean for me?
Built in 1980, the home is newer than about two-thirds of the houses in Winnipeg. This can be an indicator that major components like the roof, windows, or foundation may have more recent updates or a longer remaining lifespan than those in older homes.
4. Who might this neighbourhood suit?
River Park South is an established, family-friendly neighbourhood with mature amenities. It’s ideal for buyers seeking a quiet, settled community with good access to schools, parks, and local shopping, rather than a bustling, newly developed area.
5. How does it compare to nearby homes?
The home offers more living space than several comparable listings in the area, such as the references on Paddington Road and Regis Drive. Its assessed value is consistent with similar homes, but its larger lot and living area suggest a competitive value proposition within its price range.