Property Overview: 588 Cloutier Drive
Key Characteristics & Appeal
This two-storey home, built in 1989, presents a compelling blend of space, location, and value. Its primary appeal lies in its exceptional scale relative to the city at large. With nearly 2,940 square feet of living space, the home ranks within the top 1% citywide, offering generous room for families or those who desire ample personal space. This is further enhanced by a renovated basement, adding functional living area.
The property sits on a substantial 20,015 sqft lot, which also places it in the elite top 1% for land area in Winnipeg. This creates a rare opportunity for privacy, outdoor activities, gardening, or future expansion in an urban setting. While the lot is above average for the immediate street and neighbourhood, it is truly distinguished on a city-wide scale.
The home suits buyers looking for a spacious family home without a premium suburban price tag, as evidenced by its assessed value being in-line with neighbouring properties. It would particularly appeal to value-conscious purchasers who prioritize interior square footage and land size over a newer build date, and to those who see potential in a solid, late-80s structure that already has a renovated basement.
Frequently Asked Questions
1. How does the property's value compare?
The home’s assessed value is consistent with the average for Cloutier Drive and the surrounding area. However, citywide, it ranks in the top 2%, indicating you receive significantly more house and land for your dollar compared to most of Winnipeg.
2. Is the lot size typical for the area?
The lot is slightly above average for the specific street and neighbourhood. Its true distinction is when viewed in the context of the entire city, where it is considered exceptionally large.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent to understand the finish quality and layout.
4. How does the living space compare to other homes?
With just under 3,000 sqft, this home offers significantly more living area than the Winnipeg average (which is around 1,342 sqft). It is also notably larger than the typical home on its street and in the broader neighbourhood.
5. The home was last sold in August 2023. Is that a concern?
The recent sale may indicate a quick turnaround, which could be due to many neutral factors like a change in circumstance. It’s a point for due diligence, but not inherently a red flag. Reviewing the sale history and any disclosed work done during that ownership would be prudent.