Property Overview: 62 Athlone Drive, Winnipeg
Key Characteristics & Appeal
This is a well-situated, classic one-storey home in the Booth neighbourhood, built in 1963 on a generous 6,509 sqft lot. Its primary appeal lies in a combination of space, established location, and recent updates. The home features a renovated basement and a detached garage, adding functional living and storage space. With a living area of 1,179 sqft, it offers ample room for a small family or those seeking single-level living.
The property’s strength is underscored by its comparative rankings. It sits on a lot size that is in the top 18% for its street and its living space is in the top 11% among immediate neighbours, suggesting a home that offers more space than many nearby. While the house itself is not new, its 2021 sale price of $380k ranks solidly in the top third for the street, indicating perceived value. This home would suit practical buyers looking for a move-in-ready property with a large yard in a mature, quiet neighbourhood. It’s ideal for first-time homeowners needing space to grow, downsizers seeking single-level convenience without sacrificing lot size, or investors attracted by the renovated basement’s potential for rental income or a mortgage helper.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value for tax purposes ($35.40k) is not an indicator of market value. The more relevant figure is the 2021 sale price of $380k, which provides a recent benchmark, though current market conditions will determine today’s price.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finish quality, permits, ceiling height, and whether it includes a separate entrance or kitchenette, which affects its utility and value.
3. Is the neighbourhood trending?
The data shows the home’s 2021 sale was in the top 60% for the neighbourhood, a stronger performance than its 2018 sale. This suggests the specific street or property is competitive within the area, but broader neighbourhood trends should be researched independently.
4. What are the implications of a 1963 build year?
While the home is over 60 years old, the renovated basement indicates some updates. Buyers should prioritize a thorough inspection focusing on original major systems like plumbing, electrical, and the foundation, which may be due for service or upgrade.
5. How does the detached garage affect the property?
A detached garage offers flexibility (workshop, storage) and can reduce noise transfer to the main house. However, it may be less convenient in winter than an attached garage. Its condition, size, and potential for upgrade or conversion should be evaluated.