This 1958-built, one-storey home on a generous 6,774 sqft lot in Birchwood presents a practical and value-oriented opportunity. Its key appeal lies in a combination of space, established location, and recent updates. The fully renovated basement adds significant functional living area to the 943 sqft main floor. With an attached garage and a lot size that ranks in the top quarter of its street, it offers more space than many comparable properties. The home last sold in late 2021, and its current assessed value is closely aligned with that sale price, suggesting stable market value.
This property would suit first-time buyers looking for a move-in-ready home with ample outdoor space, or downsizers seeking single-level living with a finished basement for family visits or hobbies. It also appeals to the value-conscious buyer who prioritizes a larger, well-situated lot and modernized essentials over a newer build.
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What does the neighbourhood ranking mean? The rankings compare this property to others on the same street, in Birchwood, and across Winnipeg. For example, its lot size is in the top 23% on its street, indicating a premium-sized yard for the area, while the living area is more modest relative to the neighbourhood.
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How updated is the home? The listing confirms a renovated basement. Prospective buyers should inquire about the age and condition of other major systems (roof, windows, HVAC) and the main floor kitchen/bathrooms to understand the full scope of updates.
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Is the lot a potential advantage? The large lot is a standout feature. It offers room for gardening, recreation, or future expansion (like a deck or shed), which can be rare in older neighbourhoods. This is a key asset for privacy and outdoor living.
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What is the balance of space? With living area ranked higher in Winnipeg than in its own neighbourhood, the home offers solid city-wide value but has a more compact main floor. The renovated basement effectively doubles the usable space, making the overall package more competitive.
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How does value compare to recent sales? The assessed value is very close to the late-2021 sale price. In a changing market, this provides a transparent recent benchmark, but a buyer should still research current comparable sales in Birchwood to gauge today's fair market value.