This well-situated one-storey home in Winnipeg's Booth neighbourhood presents a solid, no-fuss opportunity. Its primary appeal lies in a combination of generous outdoor space and a recently renovated basement, offering immediate livability and room to grow. With a large 7,679 sqft lot, the property ranks in the top third for size on its street, providing a notable amount of private outdoor space that is increasingly rare. The home itself, built in 1960, is functionally sized at 1,173 sqft and is supported by a detached garage.
This property would suit practical buyers looking for a grounded, value-conscious purchase. It's ideal for a first-time homeowner who prioritizes yard space over a large interior footprint, or for someone seeking a manageable, single-level layout. The renovated basement adds flexible living or storage space without the need for immediate projects. Its assessed value stability and recent 2022 sale price suggest a stable, non-speculative market position, appealing to those wary of volatility.
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What is the neighbourhood like? The home is in the Booth neighbourhood, a mature area with a mix of similar-era homes. Property size rankings indicate it sits on a larger-than-average lot for the immediate area, offering more privacy and space than many neighbouring homes.
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How does the value compare? The current assessed value ($34.80k) is very close to the 2022 sale price ($38.50k), and is near the median for the neighbourhood, street, and city. This suggests the property is priced in line with its market, without significant premium or discount based on standard metrics.
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Is the house outdated? Built in 1960, the home is older than roughly 80% of houses in its neighbourhood. While the basement is noted as renovated, the main living areas may retain original character. Buyers should budget for updates to major aging components like the roof, windows, or mechanical systems.
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What are the advantages of the lot? The land is a key feature. At over 7,600 sqft, the lot size ranks highly locally, meaning future expansions like an addition, large garden, or shed are more feasible here than on many neighbouring properties. This is a long-term value driver.
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Who lives nearby? The listing shows several nearby properties on Moray and Aldine Streets, indicating a well-established, dense residential street. The similar assessed values of comparison properties suggest a consistent, stable community without extreme highs or lows in property worth.