22 Red Robin Place

Property Overview: 22 Red Robin Place

Key Characteristics & Appeal

This well-situated one-storey home in Winnipeg's Booth neighbourhood offers a practical and comfortable living space on a generously sized lot. Its key features include a renovated basement and an attached garage. Built in 1964, the home presents a solid opportunity, particularly for its above-average land area of 6,596 sq ft, which places it in the top 35% for lot size on its street.

The appeal here is grounded in value and potential. The home’s assessed value is modest relative to the neighbourhood, and its last sale price in mid-2022 was notably higher than the current assessment, suggesting a possible value opportunity or a market adjustment. The living space is comfortably sized, ranking in the top 30% for the neighbourhood. Its strongest suit is the lot: it provides ample outdoor space for gardening, play, or expansion in a city where larger plots are increasingly rare. This property would suit first-time buyers looking for a manageable single-level layout with room to grow, or practical-minded investors or downsizers who prioritize land size and a quiet, established street over a brand-new build. It’s a home that offers more outside space than many modern equivalents, appealing to those who see long-term value in the land itself.

Frequently Asked Questions

1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, legal suite potential, or moisture control are not provided. This would be a key area for a home inspection and discussion with the seller.

2. How does the 2022 sale price compare to today’s value?
The home sold for $44,100 in June 2022, which is significantly above its current $36,800 assessment. This difference could reflect a cooling market, the assessed value lagging behind a previous sale, or changes made to the property. It’s important to research recent comparable sales in Booth.

3. Is the large lot a common feature here?
Yes, the lot is a standout feature. At 6,596 sq ft, it is larger than 65% of lots on Red Robin Place and 59% in the broader Booth neighbourhood, offering more privacy and space than many nearby properties.

4. What is the neighbourhood like for amenities and transit?
While not detailed here, Booth is a mature neighbourhood. Prospective buyers should research proximity to schools, parks, shopping, and major routes like Route 90 or the Century Street intersection for commute times.

5. Why is the year-built rank high despite the home's age?
The ranking shows this home is newer than 85% of homes on its street. This indicates Red Robin Place consists mostly of homes built in or before the early 1960s, making this property relatively younger in its immediate context, which can be positive for systems and structure.