Property Overview
This home at 3-2859 Ness Avenue is a well-maintained property built in 1969, offering 1,142 square feet of living space with a renovated basement. Its standout feature is its exceptional location within the Booth neighbourhood, ranking in the top tier of its street, neighbourhood, and the entire city of Winnipeg for desirability. While it does not include a garage or pool, its appeal is rooted in solid fundamentals and a premier setting. The assessed value is notably higher than its last sale price in 2016, suggesting significant market appreciation.
The property would suit practical buyers who prioritize location over flashy amenities. It’s ideal for someone looking for a move-in-ready base in a top-ranked area, perhaps a first-time buyer building equity or a downsizer seeking convenience and stability without the upkeep of a large lot. A less obvious angle is its potential appeal to value-focused investors; the strong locational metrics and renovated basement could make it a stable rental property in a consistently high-demand area.
Frequently Asked Questions
1. What does the "Top 1%" neighbourhood ranking actually mean?
It means this specific property's location scores higher than 99% of other listings in the Booth neighbourhood based on the site's internal metrics, which typically factor in sold prices, demand, and other market data. It highlights an exceptionally strong locational advantage.
2. The assessed value is much higher than the 2016 sale price. Is the price inflated?
Not necessarily. This disparity primarily reflects market-wide appreciation over the past eight years. The assessed value is an estimate for taxation, while the sale price will be determined by current market conditions. It does indicate the property has likely grown significantly in value.
3. There are several listings with the same Ness Avenue address. What is this?
This indicates the property is likely part of a small condo complex, townhouse development, or a subdivided property. Units 1 through 5 at 2859 Ness Avenue are individual properties, hence the "0 m" distance between them.
4. There's no garage. Is parking available?
The listing does not specify parking details. Given the property type (likely a condo/townhouse), parking may be via a dedicated surface spot, carport, or shared lot. This is a critical detail to confirm with the seller or listing agent.
5. The living area is ranked near the middle for Winnipeg. Is it small?
At 1,142 sq ft, it is slightly below the median size for a Winnipeg home. This aligns with a manageable, low-maintenance footprint. The renovated basement effectively adds usable space, making the overall functional area feel larger than the main floor square footage suggests.