Property Overview: 2678 Ness Avenue, Winnipeg
Key Characteristics & Appeal
This is a well-maintained, single-storey home built in 1967, situated on a spacious, mature lot of nearly 6,000 square feet in the Booth neighbourhood. Its key feature is a renovated basement, adding valuable finished living space to the 1,065 sqft main floor. The home includes a detached garage.
The appeal lies in its solid foundation and desirable lot size, which ranks highly for the street. The property presents a practical, grounded opportunity. It would suit first-time buyers seeking a move-in-ready home with room to grow, or downsizers looking for a manageable single-level layout without sacrificing outdoor space. The significant difference between its last sold price in 2020 and its current assessed value suggests it has been well cared for and may offer stability in a familiar, established area.
Frequently Asked Questions
1. What does the ranking data actually mean for this property?
The rankings compare this home to others on its street, in its neighbourhood, and across Winnipeg. For example, its lot size is in the top 14% on Ness Avenue, which is a significant advantage, while its living area is more average for the local area. This indicates the land itself is a primary asset.
2. Is the renovated basement a legal suite?
The listing states the basement is renovated but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income potential.
3. How does the assessed value relate to the likely selling price?
The assessed value ($31.5k) is for municipal tax purposes and is typically far below market value. The market price will be determined by current conditions, recent comparable sales, and the home's updated condition.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can be ideal for a workshop or storage. However, it requires going outdoors to access your vehicle, which is a consideration during Winnipeg winters.
5. The home is 59 years old; what should I focus on during an inspection?
While the basement has been renovated, an inspection should prioritize the core systems of a home of this age: the foundation, roof, plumbing, electrical wiring, and heating system to anticipate any major upkeep.