Property Overview
2558 Pinewood Drive is a well-established, one-storey home in Winnipeg's Birchwood neighbourhood. Built in 1960, it sits on a spacious 6,602 sqft lot, which is notably larger than most on its street. The home features 1,515 sqft of living space, an attached garage, and a renovated basement. Its last recorded sale was in June 2016 for $410,000, with a current assessed value of $42,700.
Key Characteristics & Appeal
This property’s primary appeal lies in its balance of space, location, and established character. The lot size is a significant asset, ranking in the top 20% on the street, offering ample outdoor space for gardening, recreation, or future expansion—a rarity in many mature neighbourhoods. The renovated basement adds valuable, modernized living area. As a one-storey layout, it offers main-floor living convenience.
Its appeal is practical and grounded. It suits buyers looking for a solid, no-frills family home in a quiet, established area without the premium of a brand-new build. It would particularly fit:
- Growing families seeking indoor and outdoor space in a stable community.
- Downsizers or those seeking single-level living who still want a generous yard.
- Value-conscious buyers who see potential in the solid lot size and are comfortable with a home from the 1960s, likely appreciating its straightforward layout and mature landscaping.
A less obvious perspective is its position as a "middle-ground" property in its immediate area. It isn’t the newest or largest home on the street, but it holds its own with a above-average lot and a renovated element. This can represent a smart compromise, offering space and updates without paying for the absolute top-tier home in the vicinity.
Frequently Asked Questions
1. What does the assessed value of $42,700 mean?
This is the value assigned by the municipal government for property tax purposes. It is not an indicator of current market value. The home last sold for $410,000 in 2016, and its market price would be determined by current conditions.
2. How does the lot size compare?
At 6,602 sqft, the lot is a standout feature. It ranks in the top 20% for size on Pinewood Drive, meaning it is substantially larger than many of its immediate neighbours.
3. What should I know about a home built in 1960?
While the basement has been renovated, the core structure and main systems (like plumbing and electrical) are from the original build era. A thorough inspection is recommended to understand the condition and any modernizations needed.
4. Is the neighbourhood actively growing?
Birchwood is a mature, established neighbourhood. The data shows most nearby homes are of a similar vintage, indicating a stable, settled community rather than a new development area.
5. How does this home rank for size and age in Winnipeg?
The living area (1,515 sqft) is above average for Winnipeg (top 27%). The age (built 1960) is also older than about 62% of homes in the city, which is typical for established inner-suburban neighbourhoods.