This two-storey home at 10 Civic Street offers a blend of space, established character, and strong market standing. Its primary appeal lies in its generous 10,135 sqft lot—a rarity that provides ample outdoor potential—combined with a finished basement and a private pool. Built in 1991, the house presents a well-maintained, move-in-ready canvas rather than a renovation project. The data suggests a property that consistently ranks in the top tier of its local market for lot size, age, and assessed value, indicating a sound and desirable investment.
It would particularly suit buyers looking for a established family home in a mature neighbourhood, where the large yard is a premium feature for gardening, play, or entertaining. The pool adds a recreational bonus for summer months. Given its strong assessment value relative to its last sale price in 2020, it may also attract value-conscious buyers who see long-term potential in a property that already outperforms most of the market on key metrics.
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How does the lack of a garage impact daily life and storage?
While the property has no garage, the large lot may offer space for a future shed or carport, subject to local bylaws. Buyers should consider their storage needs and parking preferences for Winnipeg winters.
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What are the ongoing costs associated with the pool?
A private pool requires seasonal maintenance, insurance considerations, and utility costs for heating and filtration. It's advisable to budget for these recurring expenses.
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Why is the current assessed value significantly higher than the 2020 purchase price?
The jump in assessed value likely reflects strong market-wide appreciation and the property's standout features (like its lot size) relative to the area. It's a positive indicator of equity growth, but property taxes will be based on this higher assessment.
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Is the finished basement a legal suite?
The listing notes a finished basement but does not specify it as a separate legal suite. This is a crucial distinction for buyers considering rental income, as a legal suite must meet specific safety and zoning requirements.
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The home ranks highly for its age—what does that mean practically?
Ranking newer than 90% of homes in the community means major components like the roof, windows, and HVAC system are likely more recent than those in many neighbouring houses, potentially reducing near-term repair costs.