Property Overview & Key Characteristics
This well-maintained one-storey home in Winnipeg's Booth neighbourhood offers a practical and spacious foundation. Its primary appeal lies in the combination of a large, 6,184 sqft lot—placing it in the top 41% for size on its street—and a recently renovated basement, adding valuable finished living space to the 1,213 sqft main floor. The attached garage is a practical asset for the climate.
The home suits first-time buyers or downsizers looking for a manageable single-level layout with room to grow or entertain outdoors. It also appeals to value-conscious buyers who prioritize a generous yard over a newer build, as the 1963 structure is older than many in the area. A thoughtful perspective is its strong performance in recent market activity; the 2024 sale price ranked in the top 12% on its street, suggesting the specific property may be perceived as offering better value or condition than its immediate peers.
Frequently Asked Questions
1. How does the lot size compare meaningfully?
At over 6,000 sqft, the lot is significantly larger than many in urban Winnipeg. This rank in the top third locally means ample space for gardening, play, or future additions like a shed or deck, which is a premium in established neighbourhoods.
2. The home was built in 1963. What should I consider?
While the renovated basement is a major plus, a home of this age will have original core components. A thorough inspection of the roof, windows, plumbing, and electrical systems is essential to understand upcoming maintenance or modernization priorities.
3. What does the sold price ranking tell me?
Selling significantly above the assessed value and ranking in the top 12% on the street for its sale price indicates strong buyer competition. This suggests the market recognized attributes—like the lot, renovation, or overall condition—that may not be fully reflected in the official assessment.
4. Is the neighbourhood trending?
The data shows nearby, similar-sized homes on the same street have also recently sold, indicating an active and desirable micro-market within Booth. This can be positive for liquidity but also means being prepared for competitive pricing.
5. Who might this property not suit?
Buyers seeking a modern, open-concept layout or who prefer minimal immediate upkeep may find the era of the home and potential for updates a drawback. It's best for those comfortable with the character and maintenance cycle of a well-kept, older property.