This two-storey home on a generous 6,603 sqft lot in Winnipeg’s Booth neighbourhood presents a classic and practical living opportunity. Built in 1966, its key appeal lies in a combination of established character, above-average interior space for its immediate area, and a recently renovated basement. The living area of 1,637 sqft ranks in the top 20% on its street, offering more room than many nearby homes. With an attached garage and a lot size that provides ample outdoor potential, it suits buyers looking for a solid, no-fuss family home in a mature setting. It would particularly appeal to those who value space over newness, and who see potential in a property that offers a renovated foundation (the basement) while allowing for personal updates to the main living areas over time. The assessed value stability since its 2020 sale suggests a well-priced entry point into the neighbourhood.
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What does the ranking data actually mean for daily living? The statistics show a home with contrasts: it's newer than most on its street but has a smaller living area than most in the wider neighbourhood. This suggests a well-kept street of similar-era homes, but you'll find larger houses in the surrounding blocks. The lot size is a significant positive, offering more private outdoor space than over half the homes in Winnipeg.
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Is the renovated basement a full suite? The listing notes a renovated basement but does not specify if it is a legal suite with a separate entrance. This is a key question for buyers interested in rental potential or multi-generational living.
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How does the 2020 sale price compare to the current assessment? The home sold for $37.3k in July 2020 and is now assessed at $39.4k. This indicates modest growth in line with market trends, but a buyer should investigate recent comparable sales to understand today's market value, which can differ from the assessed value.
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What is the typical mix of owners and renters in this area? With several nearby properties listed simply by street address (e.g., "15 Flamingo Avenue · Booth"), it may indicate a neighbourhood with a notable number of rental properties. Prospective owners may want to walk the street to gauge the sense of community and permanence.
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What are the implications of the home's age for immediate costs? While the basement is renovated, a 1960s home will likely have original or aging core components, such as the roof, windows, and plumbing/electrical systems. Budgeting for ongoing maintenance or future updates should be part of the purchase plan.