Property Summary: 319 Ronald Street, Winnipeg
Key Characteristics & Appeal
This two-storey home in the Booth neighbourhood is defined by its generous scale and established presence. Built in 1963, it sits on a large, approximately 8,400 sqft lot, offering substantial outdoor space that is increasingly rare. The interior living area of 2,400 sqft is notably spacious, ranking in the top tier for size both on its street and within the wider city. Key features include a renovated basement and a detached garage.
The primary appeal lies in its combination of ample indoor and outdoor space on a quiet, mature street. It represents a solid, value-oriented opportunity for buyers seeking room to grow or simply more square footage than typical modern offerings. The recent sale in early 2025 at $51,000 above the assessed value suggests a market recognition of its worth.
This property would best suit practical buyers—growing families, multi-generational households, or those who value workshop or hobby space—who prioritize space and lot size over a new build. It’s a home for someone comfortable with the character of a 1960s build and who sees potential in its already-renovated basement and large yard.
Frequently Asked Questions
1. What does the "ranking" data actually mean?
The rankings compare this property against others on its street, in the Booth neighbourhood, and across all of Winnipeg. For example, its living area is larger than 98% of homes on Ronald Street, highlighting its standout size in a local context.
2. Is the sold price from February 2025 the current asking price?
No. The sold price of $51,000 above the assessed value is a historical data point, indicating what a buyer recently paid for it. It is a strong benchmark for the home's market value but not the current list price.
3. What are the implications of a renovated basement?
A renovated basement adds immediate functional living space, which could serve as a family room, home office, or separate suite. It’s a key update that adds practicality and value without the need for a major project.
4. How significant is the lot size?
At 8,395 sqft, the lot is well above average. This offers exceptional privacy, room for gardening, play areas, or future additions like a deck or shed—a major asset for buyers seeking outdoor space.
5. The home is 63 years old. What should I consider?
While the renovated basement is a plus, a home of this age will have older core components. A thorough inspection of the roof, foundation, wiring, plumbing, and heating systems is essential to understand any upcoming maintenance or updates required.