Property Overview
17 Athlone Drive is a well-established 4-level split home in Winnipeg's Booth neighbourhood, built in 1964 on a large 8,382 sqft lot. Its key appeal lies in a balance of space, recent updates, and a solid position within its community. The home features 1,396 sqft of living area and a renovated basement. It last sold in April 2021 for $390,000 and has a current assessed value of $36,500.
Key Characteristics & Appeal
This property is defined by its generous lot size, which is larger than 80% of others on the street, offering ample outdoor space and potential. The renovated basement adds modern, functional living area. Its appeal is grounded in being a comfortable, updated home in a mature neighbourhood without the premium price tag of newer builds. The data suggests it's a stable property: it ranks in the top third of Winnipeg for lot size and sits comfortably in the middle ranges for its living area and recent sale price compared to local and city-wide averages.
It would suit practical buyers looking for more house and yard for their budget, who value established neighbourhoods over brand-new construction. It's also a sensible fit for those wanting a home with some recent updates but without the pressure of a top-tier price point, offering room to grow or personalize over time.
Frequently Asked Questions
1. What does the assessed value of $36,500 mean?
This is the value assigned by the municipal government for property tax purposes. It is typically much lower than the market value (the expected sale price), which is better reflected by the 2021 sale price of $390,000.
2. Is the lot size a major advantage?
Yes. At 8,382 sqft, the lot is significantly larger than most on the street and in Winnipeg overall. This provides more private outdoor space, potential for gardening, additions, or play areas, which is a valuable and less common feature in older neighbourhoods.
3. How does the 4-level split layout function?
A 4-level split typically features short flights of stairs separating living, sleeping, and utility areas. This can create defined zones and privacy but involves more stairs than a bungalow or 2-storey. It’s a popular mid-century design that makes efficient use of space.
4. What do the ranking percentages (e.g., "Top 80% in same street") indicate?
These show how this property compares to others in a specific category. For example, "Top 80% for lot area" means its lot is larger than 80% of lots on its street—a strong ranking. It helps contextualize its features against immediate neighbours and the wider market.
5. The home sold in 2021. What can that price tell me?
The $390,000 sale price from April 2021 provides a concrete, recent benchmark of its market value at that time. It serves as a crucial reference point for understanding the home's value trajectory, though current market conditions must be considered for today's value.