Property Overview
4 Ashwood Cove is a well-established, single-storey home in Winnipeg's Southdale neighbourhood. Built in 1976, it sits on a large, 6,732 sqft lot, which is notably above average for its immediate street and area. The home features 1,486 sqft of living space, a renovated basement, and a private pool. It does not have a garage. The property’s current assessed value is $47,700.
Key Characteristics & Appeal
This home’s primary appeal lies in its generous, private outdoor space and move-in-ready condition. The large lot and in-ground pool offer a resort-like backyard setting that is rare for the area, perfect for family summers and entertaining. The renovated basement adds valuable, modern living space. As a one-storey layout, it provides easy living and is suited to those looking to avoid stairs.
It would best suit a buyer prioritizing outdoor living and privacy over a large interior footprint or a garage. The layout is ideal for small families, empty-nesters, or anyone seeking single-level living. A thoughtful perspective is that the home’s above-average lot size represents a long-term value that a future renovation or expansion could capitalize on, unlike a smaller parcel. The 2020 sale price, significantly lower than the current assessed value, suggests the neighbourhood may be appreciating, but buyers should investigate recent upgrades that justify the increase.
Frequently Asked Questions
1. Is the pool a major factor in maintenance costs?
Yes, an in-ground pool requires regular seasonal opening/closing, ongoing chemical maintenance, and has associated utility costs. It's a desirable feature but should be budgeted for annually.
2. How does the lack of a garage affect daily life and value?
For some buyers, it's a significant drawback, especially in Winnipeg winters. It may limit storage and require budgeting for alternative solutions like a shed or carport. This can affect resale value compared to similar homes with garages.
3. The assessed value has risen since the 2020 purchase. What does this mean?
The increase reflects market trends and likely the value of the basement renovation. However, assessed value is for municipal tax purposes; a buyer should always base their offer on recent comparable sales and a professional appraisal.
4. What is the neighbourhood like?
Southdale is a mature, family-oriented neighbourhood with established amenities and schools. The lot rankings show this property is on a quiet street with larger-than-average yards, offering a sense of space.
5. Are there any obvious concerns with a home of this age?
Built in 1976, the major systems (roof, windows, plumbing, electrical) may be at or beyond their typical lifespan. A thorough home inspection is crucial to identify if original components remain and what the renovation entailed.