Property Overview
453 Aldine Street is a well-situated, single-storey home in Winnipeg's Booth neighbourhood. Its primary appeal lies in the combination of a generous, mature lot and a recently renovated basement, offering solid value in a stable setting. The home suits first-time buyers seeking a manageable footprint with room to grow, or downsizers looking for a low-maintenance layout without sacrificing outdoor space. Investors may also find it attractive as a steady rental property in an established area.
A closer look at the data reveals some thoughtful perspectives. While the house itself is average in size for the area, the land parcel is notably larger than most on the street and in the wider neighbourhood, suggesting valuable future potential. The recent sale price from late 2023 sits comfortably above the assessed value, indicating a market that recognizes this potential. It’s a property that offers more than the basics, with its rank for living area and lot size consistently outperforming its rank for year built, meaning you get more space than is typical for a home of its age in Winnipeg.
Frequently Asked Questions
1. What is the neighbourhood like?
The Booth neighbourhood is a mature, established community. The property ranks in the top 8% for lot size within Booth, indicating it's on one of the larger, more private lots in the area, which is a significant advantage.
2. What does "renovated basement" imply?
While specific finishes aren't detailed, a renovated basement typically means the space is finished and livable, adding valuable functional square footage for recreation, guests, or a home office. It's a key upgrade for a home of this era.
3. How does the sold price compare?
The home sold for $38,400 in September 2023, which is approximately 11% higher than its current assessed value of $34,500. This suggests the market recently valued the property's condition and lot potential above its official assessment.
4. Is the lot size a significant feature?
Yes. At 4,797 sq ft, the lot is in the top 10% for size on Aldine Street. This is a standout feature, providing ample yard space for gardening, play, or entertaining, and is a key differentiator from many neighbouring properties.
5. What are the typical buyers for a home like this?
This property is versatile. Its single-storey layout is ideal for those seeking accessibility. The renovated basement and large lot appeal to young families needing space, while the overall scale and established street attract downsizers. The strong rental comps in the area also make it a candidate for investors.