Property Summary: 154 Athlone Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This well-maintained two-storey home, built in 1966, sits on a generous 6,600 sqft lot in the Booth neighbourhood. Its key features include a renovated basement and an attached garage. The home’s primary appeal lies in its established setting and recent market activity, having sold in October 2024. The lot size is notably above average for the street, offering more outdoor space than many nearby properties.
This property would suit practical buyers looking for a solid, move-in-ready home in a mature area. It’s ideal for those who value space and privacy over brand-new construction, and for buyers who appreciate a home with recent updates (like the basement) but without the premium price tag of a full modern rebuild. The sale history suggests it represents a known quantity in the local market, appealing to buyers seeking stability over speculation.
Section 2: Frequently Asked Questions
1. How does the age of the home (1966) affect its value?
While older than many on its street, the home’s renovated basement and recent sale indicate it has been maintained and updated. Buyers should focus on the condition of major aging components like the roof, windows, and plumbing, which can be more impactful than the build year alone.
2. Is the lot size a significant advantage?
Yes. The property ranks in the top half of the street for land area, meaning you likely have more yard space than many neighbours. This is a less obvious but lasting value point for gardening, recreation, or future outdoor projects.
3. What does the "rank" data for the sold price tell me?
The sold price ranked in the bottom 40% on the street (Top 27% means 73% of sales were higher). This could indicate a competitively priced sale or reflect factors like the home’s specific layout or interior finish compared to others. It suggests potential value was found relative to the immediate area.
4. How does the assessed value compare to the sale price?
The assessed value ($39.7k) is significantly lower than the 2024 sale price ($380k). This is normal; municipal assessments for tax purposes are not market valuations. The sale price is the true indicator of current market value.
5. Are there any insights from the nearby and similarly assessed properties?
The listed nearby homes are all on the same street or block, confirming a consistent neighbourhood character. The list of properties with identical assessed values are in different neighbourhoods, highlighting how assessment is a broad administrative tool and not a useful comparison for market value or desirability.