Property Overview: 1 Athlone Drive, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Winnipeg's Booth neighbourhood presents a solid opportunity for buyers seeking space and value. Its primary appeal lies in its generous 5,772 sqft lot, which ranks in the top 3% for size on its street, offering significant outdoor potential. The living area (1,053 sqft) is also notably spacious for the immediate area. A key feature is the renovated basement, adding valuable finished space. Built in 1966, the home is older but sits on a desirable, larger-than-average parcel of land in a mature community.
The property would suit first-time buyers, downsizers, or value-oriented investors looking for a home with a major asset—the lot size—in a stable neighbourhood. Its appeal is grounded in practicality: it offers room to grow or garden, the benefits of a finished basement, and a price point that reflects its vintage while providing land equity. A thoughtful perspective is that while the home itself may require updates common for its age, the lot size is a permanent advantage that cannot be replicated in newer subdivisions, offering long-term flexibility.
Frequently Asked Questions
1. What does the "ranking" data mean?
The rankings compare this property against others on its street, in the neighbourhood, and across Winnipeg. For example, its lot size is in the top 3% on its street, meaning it's larger than 97% of nearby lots, which is a standout feature.
2. Is the lack of a garage a major drawback?
While the property has no garage, the very large lot provides ample space to add a parking pad, shed, or even a future garage, subject to local bylaws. This is a trade-off that offers flexibility for the right buyer.
3. The home was built in 1966. What should I expect?
As a 60-year-old home, prospective buyers should budget for potential updates to major aging components like the roof, windows, or plumbing. A thorough inspection is essential. The renovated basement is a positive update.
4. How does the assessed value relate to the likely selling price?
The assessed value ($35,100) is for municipal tax purposes and is typically lower than market value. The 2021 sale price was $33,600, but current market conditions will determine the final price. It serves as a baseline, not a listing price.
5. What is the neighbourhood like?
The data shows the property ranks in the top 22% for lot size within the broader Booth neighbourhood, indicating it's in a section with more substantial properties. This suggests a established, mature area with a mix of home sizes and values.