Property Overview
This two-storey home at 580 Cloutier Drive offers a well-proportioned living space of over 2,500 square feet on a substantial, private lot. Its primary appeal lies in the balance it strikes: it provides ample room for family life without the premium price tag of a brand-new or elite-area property. The home features a renovated basement and a rare in-ground pool, adding valuable finished space and recreational potential.
The data reveals a thoughtful perspective. While the house is average for its immediate neighbourhood in terms of size, value, and age (built in 1984), it stands out dramatically city-wide. Its living area places it in the top 2% of Winnipeg homes, and its land area of nearly half an acre is in the elite top 1%. This suggests you are acquiring a property with space and scale that is increasingly uncommon, situated in an established, stable area.
It would suit practical buyers looking for a long-term family home who value interior space and outdoor privacy over a trendy postal code. It’s ideal for someone who sees the value in a renovated basement and a pool, and who may view its "average" standing on the street as an opportunity—a chance to own a substantial property without the intense competition or pricing of a neighbourhood's top-tier listings.
Frequently Asked Questions
1. Is the pool a major added expense?
Yes, pools require seasonal opening/closing, ongoing maintenance, and increased insurance. However, for the right buyer, it provides immediate summer recreation and entertainment value that can be costly to add later.
2. Why is the assessed value significantly lower than the recent sale price?
Municipal assessed value for taxation purposes often lags behind the current market. The sale price of $67.5k reflects the actual market value at the time of sale, influenced by factors like the renovated basement, pool, and overall demand.
3. There's no garage. How big of an issue is this?
This depends on your lifestyle and vehicles. For some, it's a significant drawback, especially in winter. For others, the massive lot may offer potential for a future garage or workshop, subject to local bylaws.
4. The home is "average" for the street. Is that a bad sign?
Not necessarily. It indicates the home is in line with its immediate peers, suggesting neighbourhood consistency. The city-wide data shows this "average" street offers much more space than most in Winnipeg. It can mean less risk of over-improving for the area.
5. What does the large land area practically offer?
Beyond privacy, the nearly half-acre lot allows for extensive gardening, large play areas, potential for landscaping projects like a sport court or shed, and a greater sense of separation from neighbours—a luxury in today's market.