207 Aldine Street

Property Overview: 207 Aldine Street

Key Characteristics & Appeal

This is a well-situated, one-storey home in Winnipeg's Booth neighbourhood, built in 1960. Its primary appeal lies in a combination of space, location, and value. The property sits on a large, 4,169 sqft lot, which is notably larger than most in the immediate area and ranks in the top 7% on its street. While the 1,110 sqft living area is modest, the home features a renovated basement and a detached garage.

The appeal is grounded in practicality and potential. It suits first-time buyers or downsizers looking for a manageable single-level layout with the bonus of finished lower-level space. The generous lot is a significant asset, offering ample outdoor space for gardening, play, or future expansion—a rarity in established neighbourhoods. Its assessed value has remained stable, and the 2020 sale price suggests it may offer good value relative to the area. This isn't a flashy property, but a solid, grounded choice for someone prioritizing lot size, a quiet street, and a move-in-ready baseline with room to personalize.

Frequently Asked Questions

1. How does the lot size compare to nearby homes?
The 4,169 sqft lot is a standout feature, ranking in the top 7% on Aldine Street. It provides significantly more outdoor space than many neighbouring properties.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key point to clarify with the seller or agent regarding the finish, rooms, and permits.

3. Is the neighbourhood considered desirable?
The data indicates the property ranks highly within its own neighbourhood (Silver Heights/Booth), especially for lot size (top 2%). This suggests it's on one of the better streets or blocks within the area.

4. How does the assessed value relate to the likely asking price?
The current assessed value is $33.3k. It's important to note that municipal assessments are for tax purposes and often differ from market value. The 2020 sale was at $28.3k, so market conditions and improvements since then will determine the listing price.

5. What are the less obvious pros and cons of a 1960s bungalow?
A pro is typically straightforward construction with potential for easier upgrades. A consideration is the age of core systems (like plumbing and electrical), which may need evaluation or updating despite the renovated basement. The detached garage, while useful, may require attention compared to a newer attached option.