2380 Ness Avenue

Property Overview

This 1959-built, one-storey home on a large 6,229 sqft lot in Winnipeg's Booth neighbourhood presents a classic and practical housing option. Its primary appeal lies in the combination of a generous, private lot and a recently renovated basement, offering immediate livability and space to grow. The living area of 954 sqft is modest but efficient for the style.

The home suits first-time buyers seeking an entry point into the market with a manageable footprint and little to no immediate renovation work required in the basement. It also appeals to downsizers or those looking for single-level living without sacrificing outdoor space. A thoughtful perspective is that while the house itself is average in size for the area, the lot size is a significant and less common asset, ranking in the top 5% on its street. This offers rare potential for expansion, gardening, or simply enjoying more privacy than is typical. The assessed value has remained stable relative to the local market, suggesting a solid, no-surprises investment in a well-established area.

Frequently Asked Questions

1. What does a "renovated basement" typically include in a home of this era?
While specifics require a viewing, in a 1959 home this usually means updated essentials like flooring, drywall, and lighting to create a clean, functional living or recreational space. It’s wise to check the status of core elements like plumbing, electrical updates, and moisture proofing that often accompany a cosmetic renovation.

2. With no garage, what are the parking options?
The property likely relies on driveway and street parking. The very large lot may offer the potential to add a parking pad or garage in the future, subject to local bylaws and zoning.

3. How does the age of the home affect maintenance?
Built in 1959, prospective buyers should budget for updates to major aging components. A pre-purchase inspection is crucial to assess the roof, foundation, windows, and the original heating/plumbing systems, even with a renovated basement.

4. The lot is large, but is it usable?
A lot of this size (top 5% on the street) is a major asset. Beyond simple yard space, it provides excellent privacy, room for additions like a deck or shed, and future development potential. The orientation and any existing landscaping would determine its immediate use.

5. How does the assessed value compare to the last sale price?
The home was last sold in 2016 for $224,500 and is now assessed at $260,000. This increase aligns with broader market trends over that period and indicates stable, moderate growth. The assessed value is a municipal tool for calculating property tax and should be verified against a current market evaluation.