Property Overview & Key Characteristics
This two-storey home in Southland Park sits on a large, 9,438 sqft lot, offering more private outdoor space than most properties in Winnipeg. Built in 1992, the 2,250 sqft interior is notably spacious for its neighbourhood, ranking within the top 10% of local homes by living area. A key feature is the renovated basement, adding modern, functional space. The home's assessed value positions it solidly above average for the area, suggesting a well-maintained property in a stable community.
Its primary appeal lies in the combination of a generous lot size and above-average interior space—a balance that can be hard to find. It suits buyers looking for room to grow, entertain, or simply enjoy privacy without moving to a rural area. It would particularly fit a family seeking established community roots over a brand-new build, or a buyer who values the potential of a renovated basement for a suite, home office, or recreational space. A less obvious perspective is its appeal to those mindful of property taxes; while valuable, its assessment is moderate compared to newer suburbs, potentially offering more house and land for the tax dollar.
Frequently Asked Questions
1. How does the lot size compare to newer neighbourhoods?
At nearly 9,500 sqft, this lot is significantly larger than typical lots in many newer Winnipeg developments, where lots often range from 4,000 to 6,000 sqft.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. Viewing the property or requesting details from the listing agent is necessary to understand its full condition and permitted uses.
3. Is the home in a flood zone or have any known major issues?
This information is not provided in the basic details. A property disclosure statement, inspection, and review of local flood maps are essential due diligence steps for any buyer.
4. The home was built in 1992. What major systems might need attention?
While the basement is renovated, the roof, original windows, HVAC system, and major appliances are likely nearing or past a typical lifespan and should be carefully evaluated during an inspection.
5. How does the assessed value relate to the likely selling price?
The assessed value ($57.60k) is for municipal tax purposes only and is typically far below market value. The selling price will be determined by current market conditions, the home's condition, and buyer demand.