Property Overview
This two-storey family home on a generous 6,818 sqft lot in Southboine presents a solid, move-in-ready opportunity. Built in 1985, its key appeal lies in its above-average living space (1,883 sqft) and a fully finished basement, offering practical room to grow. The property stands out in its immediate area for its size, ranking in the top 17% on its street for square footage. While its assessed value is moderate for the broader Winnipeg market, it holds a competitive position within its own neighbourhood.
The home would suit practical buyers looking for established community roots without the premium of a brand-new build. It’s ideal for a growing family that values interior space and a large yard over modern, high-end finishes. A thoughtful perspective for this property is its "middle-ground" appeal: it’s not the newest nor the largest in the city, but it offers substantial room and land that outperforms many direct neighbours, suggesting good value within its specific locale. It suits someone who prioritizes space and lot size over a top-tier neighbourhood ranking, offering more house for the budget compared to newer subdivisions.
Frequently Asked Questions
1. How does the property’s age affect its value?
Built in 1985, the home is well-established. While not new, it ranks newer than 72% of homes in its community, indicating the area has many older properties. Buyers should budget for maintenance consistent with a home of this age but can be reassured it’s not among the oldest in the area.
2. Is the lot size a major feature?
Yes. At nearly 7,000 sqft, the lot is a significant asset. It offers ample outdoor space, which is less common in newer developments, and contributes to the property ranking in the top third for size on its street.
3. How does it compare to the wider Winnipeg market?
The home’s living space is a strong point, placing in the top 13% city-wide. However, its assessed value is in the top 20%, suggesting you are getting more interior space for your dollar compared to many Winnipeg properties, though the neighbourhood itself is more moderately priced.
4. What does the community ranking indicate?
The home ranks in the top 43% for size within its community but in the top 62% for assessed value. This suggests that while the house itself is relatively spacious for the area, its value is positioned modestly compared to other homes in Southboine, potentially indicating a value-oriented entry point into the neighbourhood.
5. What type of buyer might this not suit?
This property may not suit buyers seeking a modern, low-maintenance home or the highest-ranking neighbourhood prestige. It’s a home for those who see value in established space and land, and who are comfortable with a property that is competitive on some metrics (like size) but not on others (like absolute neighbourhood standing).