Property Overview
412 Aldine Street is a well-maintained, one-storey home in Winnipeg’s Booth neighbourhood. Built in 1964, it sits on a generous 5,495 sqft lot, which is notably larger than many in the immediate area. The home features 1,306 sqft of living space and includes a renovated basement and an attached garage. It last sold in June 2023 for $340,000, closely aligning with its current assessed value.
Key Characteristics & Appeal
This property’s primary appeal lies in its established setting and practical layout. The renovated basement adds flexible living space, ideal for a growing family, a home office, or a recreational area. The large lot is a significant asset, offering ample outdoor space for gardening, play, or future expansion—a relative rarity in mature neighbourhoods.
Its rankings against local comparables reveal a balanced profile: the lot size ranks highly within its street and neighbourhood, while the home’s age and size are comfortably above average for the immediate area. This suggests you’re getting a property with more land without necessarily paying a premium for a fully modernized structure. 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 yard space. The recent resale also indicates stable value in the current market.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but specifics on finish quality, ceiling height, permits, or moisture control should be verified with the seller or a home inspector.
2. How does the large lot impact costs?
While providing valuable outdoor space, a larger lot can mean higher maintenance (like lawn care or snow clearing) and potentially slightly higher property taxes compared to neighbours with smaller parcels.
3. The home is older; what major systems should be checked?
Given its 1964 build, the age and condition of the roof, foundation, plumbing, electrical wiring, and heating system are key due diligence points before purchase.
4. Are the rankings based on current data?
The provided rankings (e.g., Top 63% for lot size on its street) are useful snapshots for comparison but are based on the dataset in this report. Confirming with a real estate agent for the very latest neighbourhood sales is advisable.
5. How does the recent 2023 sale affect the price?
A sale just a year ago provides a clear, recent market benchmark, which can offer price stability. It also means the current sellers’ motivation and reason for selling so soon are important to understand.