Property Overview: 153 Collegiate Street, Bruce Park, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2023, is a modern residence in the established Bruce Park neighbourhood. Its primary appeal lies in its combination of new construction and a central location. With 1,533 sqft of living space, it offers significantly more room than most homes on its street and is above average for the neighbourhood. A key feature is the renovated basement, adding functional space. The property sits on a 2,712 sqft lot, which is typical for Collegiate Street but smaller than the Bruce Park average, resulting in lower maintenance.
The home suits buyers seeking a move-in-ready, modern property without the wait or uncertainties of new construction. It’s ideal for professionals or small families who value a newer, efficient home with modern finishes in a mature area. A thoughtful perspective is its assessed value ($52.90k), which ranks in the top 1% on its street. This suggests it is viewed as a substantial improvement relative to its immediate surroundings, potentially offering a unique blend of modern comfort in a character-filled locale.
Frequently Asked Questions
1. Is there parking or a garage?
The listing specifies there is no garage. Prospective buyers should inquire about on-street parking permits or the feasibility of adding a driveway or parking pad.
2. What does the "renovated basement" include?
The details of the renovation are not specified. It's important to ask about the finish quality, ceiling height, permits, and whether it includes a bathroom or secondary living space.
3. How does the lot size impact the property?
At 2,712 sqft, the lot is around average for the street but below average for Bruce Park. This typically means a smaller yard, which could be a pro for low maintenance or a con for those seeking extensive outdoor space.
4. The assessed value seems low compared to the sale price. Why?
The assessed value for taxation purposes ($52.90k) is distinct from market value. The home sold for $53.80k in 2023. The high percentile ranking shows its assessed value is among the highest in the area, reflecting its newer construction and condition relative to older neighbours.
5. What is the neighbourhood like?
Bruce Park is an established area. The home’s very recent build date (2023) makes it an outlier on a street where the average home was built in 1948, offering modern living in a traditional setting.