Property Overview: 946 Buchanan Boulevard
Section 1: Key Characteristics & Appeal
This 1974 three-level split home on a spacious 6,043 sqft lot presents a practical and well-positioned offering in the Buchanan neighborhood. Its key appeal lies in a balance of above-average attributes for the immediate area, including a newer build year (top 12% on the boulevard) and a renovated basement, providing move-in ready potential. The living area is also notably larger than many comparable homes nearby. With a detached garage and a land size that is generous for the city, it offers classic Winnipeg practicality.
The property would suit first-time buyers or downsizers looking for a manageable, updated home in a stable neighborhood without the premium of a brand-new build. It’s also a sensible fit for value-conscious buyers who appreciate a home that stands out positively against its direct neighbors in key metrics like age and living space, suggesting good upkeep and relative modernity for the street. A thoughtful perspective is that the above-average rankings on its own boulevard indicate a property that likely holds its own in the immediate community, which can be a sign of enduring value and pride of ownership on the block.
Section 2: Frequently Asked Questions
1. How does the property’s size compare to the neighborhood?
The 1,157 sqft living area is above average for both Buchanan Boulevard and the wider Buchanan area. The 6,043 sqft lot is around average for the neighborhood but ranks above average citywide, offering good outdoor space.
2. What does the "above average" year built mean for a 1974 home?
While 1974 isn't new, this home is newer than most on its street and in the Buchanan area. This can suggest updated infrastructure (like plumbing or electrical) compared to older area homes and potentially less immediate need for major system overhauls.
3. Is the assessed value a good indicator of the property taxes?
The assessed value of $33,900 is a figure used for municipal tax calculation. It is above average for the boulevard. Prospective buyers should note this is not market value; property taxes would be based on this assessment and the city's mill rate.
4. What are the implications of a "renovated basement" in a split-level?
A renovated basement in this style of home typically adds significant finished living space, potentially for a family room, office, or additional bedrooms. It’s a key feature that enhances the home’s usable square footage beyond the main living area.
5. How should I interpret the lot size being "around average" for the area but "above average" citywide?
This highlights Buchanan's character as a neighborhood with generally larger lots compared to the entire city. You’re getting a property with a substantial yard by Winnipeg standards, which is typical for the area, not an outlier. This offers space for gardening, play, or expansion while maintaining neighborhood consistency.