Property Overview & Appeal
This one-storey home at 295 Eaglemere Drive presents a practical and efficient living option in Winnipeg's Eaglemere neighbourhood. Its key characteristics include a manageable 1,272 sqft of living space, a renovated basement, an attached garage, and a lot size of just under 4,550 sqft. Built in 2000, it is notably newer than many homes in the city, offering modern construction standards without the premium of a brand-new build.
The appeal lies in its balance and potential value. While the living and land space are modest for the immediate area, this translates to lower maintenance and utility costs—a significant consideration for downsizers or first-time buyers. The home’s assessed value ranks well above average for its street and city-wide, suggesting it is viewed as a solid asset. The renovated basement adds immediate functional space without the need for a project. This property would suit buyers seeking a modern, low-maintenance home that’s easy to manage, particularly those looking to downsize from a larger property or enter the market with a move-in-ready, single-level layout.
Frequently Asked Questions
Is the lot size a disadvantage?
While smaller than many on the street, the 4,546 sqft lot requires less yard work and upkeep, which can be a benefit for those seeking a manageable outdoor space. It’s also close to the city-wide average.
How does the 2000 build year impact the home?
A home built in 2000 is past its initial "newness" but is still modern enough to likely have updated wiring, plumbing, and insulation standards. Major components like the roof or furnace may be entering their typical replacement window, so a thorough inspection is advised.
The assessed value seems high for the square footage. Why?
The above-average assessment relative to nearby homes likely reflects the renovated basement, the desirable newer build year, and the overall condition. It indicates the property holds value well in official evaluations, which can be positive for equity.
Who would this neighbourhood suit best?
Eaglemere is a mature, established neighbourhood. This home, being one of the newer ones on the block, offers a contemporary living space within a settled community, ideal for those who value quiet streets but not necessarily newer subdivisions.
What can past sale prices tell us?
The home sold for $450k in 2021 and $350k in 2019. This history shows significant appreciation over that period, highlighting market trends. It underscores the importance of a current market evaluation to understand its present value in changing conditions.