Property Overview & Key Characteristics
This 1974-built, single-storey home on a generous 6,315 sqft lot offers a practical and comfortable living space of 1,374 sqft. Its key appeal lies in its balance of established community living and relative value. The home features a finished basement, adding functional living area. The data suggests a property that is well-sized for its neighbourhood, with its lot size ranking highly compared to most of Winnipeg, offering above-average outdoor space for its area.
Its appeal is grounded in being a solid, no-fuss family home in an established area. It would particularly suit first-time buyers or downsizers looking for a manageable single-level layout without a large renovation project, or value-oriented buyers who prioritize lot size over a newer build. A thoughtful perspective is that while the home itself is average in size and age for its immediate vicinity, its lot size and overall assessment value rank it more competitively on a city-wide scale, indicating its underlying land value and potential.
Frequently Asked Questions
1. How does this home rank compared to others in the area?
The home presents a mix of rankings. Its most competitive feature is the lot size, which is larger than approximately 75% of all properties in Winnipeg. Its living space and assessed value also rank above the city average. Within its own neighbourhood and street, however, it ranks as more average in terms of size, age, and value.
2. What does the price history indicate?
The property was last purchased in November 2019 for $305,000. The current assessed value is $428,000. This increase reflects broader market trends over that period and provides a benchmark for municipal valuation, though the final sale price is determined by the market.
3. Is the basement included in the listed living area?
No, the 1,374 sqft living area refers to the above-ground footprint of the single-storey home. The finished basement is an additional source of flexible space, such as for recreation, storage, or extra bedrooms.
4. What are the implications of the home's age (built in 1974)?
As a 50-year-old home, buyers should budget for maintenance and updates consistent with its age. The positive aspect is that the neighbourhood is established with mature landscaping, and the home's systems and structure have a long, verifiable history. A pre-purchase inspection is highly recommended.
5. There's no garage. What are the parking options?
The property listing does not mention a garage. Buyers should verify on-site parking options, such as a driveway or street parking permits, with the listing agent or through a direct viewing.