Property Overview
This 1998-built, two-storey home on a large 10,000+ sqft lot offers a compelling blend of space, established character, and a highly desirable location. Its primary appeal lies in its generous proportions—both in its 2,364 sqft living area and its expansive yard—coupled with strong performance in key neighborhood rankings. The home sits comfortably in the top tier of Winnipeg properties for size and assessed value, while also being notably newer than most homes in its immediate area. It features a finished basement and an attached garage.
The property is ideally suited for buyers seeking a spacious, move-in-ready family home in a mature, established community. It appeals to those who value room to grow, both indoors and out, and who appreciate a home that stands out in its locale for its relative modernity and above-average footprint. The strong rankings suggest a home that is likely to hold its value well, making it a sound choice for long-term owners.
Frequently Asked Questions
1. What do the ranking percentages actually mean?
They show how this property compares to others in its immediate street, wider community, and all of Winnipeg. For example, being newer than 95% of homes on its street and larger than 97% of them indicates a home that is a standout in its own neighborhood for these attributes.
2. The house was built in 1998. What should I consider about its age?
While considered relatively new for the area, a 28-year-old home will have components, like the roof, major appliances, and HVAC system, that are likely entering or are in their typical replacement windows. A thorough inspection is advised to assess the condition of these elements.
3. How does the finished basement factor into the living space?
The 2,364 sqft figure typically refers to above-grade living space. The finished basement provides additional usable area (e.g., for recreation, office, or guests) but is often valued differently than main-floor square footage. It's a significant bonus for flexible living space.
4. The lot is large. What are the implications?
A 10,061 sqft lot offers excellent outdoor space for gardening, play, or entertaining. It also provides more privacy and potential for future additions like a deck or shed. The trade-off is a greater maintenance commitment for landscaping and yard work.
5. The assessment is high relative to the build year. Why?
The $674,000 assessment reflects the combined value of the large lot size, substantial living area, finished basement, and the home's strong standing within a desirable community. It suggests the municipal assessor views it as a premium property in its class, which is a useful benchmark for market value.