Property Overview
This two-storey home on a large, 6,146 sqft lot in Southboine offers established character and generous space. Built in 1977, its key appeal lies in its above-average living area (2,035 sqft) and a finished basement, providing ample room for a growing family or those who value separate living and recreation areas. The property’s value is grounded in its practical features: a double attached garage and a lot size that offers potential for gardening or outdoor enjoyment. Its assessment value places it comfortably within the top tier of Winnipeg homes overall.
The home would suit buyers looking for a move-in-ready property in a mature neighbourhood, who prioritize interior space over a brand-new build. It’s a strong contender for those who find charm in a well-maintained home from this era and appreciate the stability of a larger lot. A less obvious perspective is that while the home ranks highly city-wide for size and value, it is among the older and more moderately sized properties within its immediate community, suggesting a neighbourhood of substantial, established homes.
Frequently Asked Questions
1. What does the ranking data actually tell me?
The rankings compare this home to others on its street, in Southboine, and across all of Winnipeg. For example, its living area is larger than 91% of Winnipeg homes, but is more average within its own community. This indicates you're getting a spacious property in a neighbourhood where that is the norm.
2. Is the finished basement included in the 2,035 sqft living area?
Typically, the listed living area refers to above-grade square footage. The finished basement is an additional bonus space, adding to the home's usable area but not counted in that official figure.
3. What are the implications of the home being built in 1977?
Homes from this period often feature solid construction and roomy layouts. Buyers should budget for the potential updating of original components, like windows, roof, or mechanical systems, which may be nearing the end of their service life.
4. How should I interpret the "assessment value" of $489,000?
This is the municipal government's valuation for property tax purposes, not necessarily the market price. It is a useful benchmark, showing the home is valued in the top 20% city-wide, but the final sale price is determined by current market conditions.
5. What is the neighbourhood character of Southboine?
As the rankings suggest, it's an established area with a mix of home ages and sizes. The fact this home ranks in the top half for lot size on its street points to a streetscape with generous, private yards, appealing for those seeking a settled, residential feel.