Property Overview: 189 Windham Road, Winnipeg
Key Characteristics & Appeal
This 1957-built, one-storey home in Birchwood sits on a notably large lot of over 6,700 square feet, placing it in the top tier for land size on its street. The living space is a modest 975 sqft, but the property includes a renovated basement, adding functional space. Its appeal lies in a combination of generous outdoor space, recent updates below grade, and a location that ranks well within its immediate area for lot size and home size. The data suggests a property that has been maintained and updated, having last sold in 2016 for a price that was high relative to its neighbours at the time.
This home would suit first-time buyers or downsizers looking for a manageable single-level layout with ample yard potential in a stable neighbourhood. It’s also a practical candidate for a long-term holder who values land size over a large footprint, possibly seeing the lot as a future asset for expansion or landscaping projects. The renovated basement adds immediate value for those needing extra room for a home office, family space, or guests.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
The 6,703 sqft lot is a key feature, ranking in the top 15% on Windham Road. It offers significantly more outdoor space than many properties in the area.
2. What does the "renovated basement" entail?
While specific finishes aren’t detailed, the listing confirms the basement has been renovated, suggesting it is finished and livable, adding crucial functional space to the 975 sqft main floor.
3. Why is there a large gap between the assessed value and the last sale price?
The home was last sold in 2016 for $260,000, a price that ranked highly in the neighbourhood at that time. The current assessed value is a municipal assessment for tax purposes and does not reflect current market value, which is influenced by market conditions, updates, and buyer demand.
4. Is the lack of a garage a significant drawback?
For buyers who require vehicle storage or workshop space, this is a consideration. However, the large lot may offer potential for adding a garage or shed, subject to local bylaws and permits.
5. How does the age of the home affect its condition?
Built in 1957, the home is nearly 70 years old. While the basement has been renovated, prospective buyers should factor in a thorough inspection of core components like the roof, wiring, plumbing, and foundation, which may be original or nearing the end of their service life.