Property Overview: 446 Wallasey Street
Key Characteristics & Appeal
This is a well-situated, one-storey home in Winnipeg's Booth neighbourhood, built in 1961. Its primary appeal lies in the combination of a very generous, 8,440 sqft lot—ranking in the top quarter of the neighbourhood for size—and a recently renovated basement. The detached garage adds practical utility. While the living space (1,093 sqft) is modest, the expansive land offers significant potential for gardening, expansion, or simply enjoying ample private outdoor space.
The home suits practical buyers looking for a solid foundation in a mature community. It’s ideal for someone who values a large yard over a large house and sees potential in a property where the land is a key asset. The renovated basement adds immediate functional living space, making it a fit for those needing a rec room, home office, or separate living area without undertaking a major project. A less obvious perspective is that this property represents a balance: it’s not the newest or largest home on the street, but its above-average lot size provides a relative scarcity value in the city, appealing to buyers with a long-term view who may prioritize outdoor space and future possibilities over a turn-key, modern interior.
Frequently Asked Questions
1. How does the lot size compare to others?
The 8,440 sqft lot is a standout feature, ranking in the top 22% for size within the entire Booth neighbourhood. It is significantly larger than a standard city lot.
2. What is the condition of the home based on this data?
The listing specifically notes a renovated basement, indicating a recent update. The main house, built in 1961, is of an age where a buyer should budget for potential updates to major systems or the main-floor living space.
3. Has the property value increased since it last sold?
It last sold in September 2019 for $310,000. The current assessed value is $350,000, suggesting market growth over that period, though the final sale price is determined by the current market.
4. Is the neighbourhood established?
Yes. With homes dating to the early 1960s and a clear ranking among many similar properties, Booth is a long-established, stable neighbourhood.
5. What are the nearby properties like?
Immediate neighbours on Wallasey Street are homes of very similar vintage and style, indicating a consistent streetscape. The provided comparable properties with similar assessed values are located in other established neighbourhoods like Elmhurst and Varsity View.