Property Overview & Key Characteristics
617 Bruce Avenue is a well-established bi-level home in Winnipeg's Booth neighbourhood, sitting on a notably large, private lot. Its key appeal lies in the combination of generous outdoor space, recent interior updates, and practical family-ready features. The nearly 9,000 sqft lot size ranks in the top tier for the street and city, offering rare potential for gardening, play, or expansion. The home itself includes a renovated basement and desirable amenities like an attached garage and a pool. It suits buyers looking for a move-in ready property with established character, where the land itself is a significant asset. It would particularly appeal to families or those who value outdoor living space over a large interior footprint, as the living area is functionally sized but not expansive. A thoughtful perspective is that the home’s assessed value ranks significantly higher than its recent sale prices and physical size metrics, suggesting the lot and improvements are officially valued well within the neighbourhood and city context.
Potential Buyer FAQs
1. How does the lot size compare to others?
The 8,990 sqft property is exceptionally large, ranking in the top 4% on its street and top 8% city-wide. This is one of its most defining and valuable characteristics.
2. What is the neighbourhood like?
The Booth neighbourhood shows strong consistency. The home's assessed value ranks in the top 17% of the area, indicating it is considered a above-average property within a stable, established community.
3. Has the property value increased?
Yes. Public records show a sale in March 2018 for $28,200 and another in January 2019 for $38,800. The current assessed value is $42,600, indicating a pattern of increased value over this period.
4. Is the home updated or original?
The listing specifies a renovated basement, suggesting key living areas have been modernized. As the home was built in 1965, buyers should inquire about the age and condition of other major systems (roof, HVAC, plumbing) and the main floor.
5. How does the living space feel?
At 1,176 sqft, the living area is functionally sized but not large. The bi-level design and renovated basement likely create distinct living zones. The home's layout maximizes its footprint, making the generous outdoor space a natural extension of the living area.