Property Overview
848 Weatherdon Avenue is a modern, two-storey home built in 2020, offering a turn-key living experience in Winnipeg's Ebby-Wentworth neighbourhood. Its primary appeal lies in its above-average size and contemporary condition, standing out in an area with many older homes. With 1,592 sqft of living space, it ranks in the top 10% on its street and top 7% in the neighbourhood for size. The home features a renovated basement and carries a high assessed value of $580k, placing it in the top 5-10% of local properties. A key trade-off is the smaller, 2,500 sqft lot, which is below the area average, prioritizing interior space over extensive outdoor grounds. This property would best suit buyers seeking a low-maintenance, modern home without renovation needs, who value move-in readiness and generous indoor living areas more than a large yard. It’s a strong option for professionals, small families, or downsizers looking for newer construction in a well-established area.
Frequently Asked Questions
1. How does the property’s value hold up compared to recent sales?
The home last sold for $570k in August 2021. Its current assessed value of $580k suggests stable or slightly appreciating value in line with market trends, supported by its modern build and above-average metrics for the area.
2. What are the implications of having a smaller lot?
The 2,500 sqft lot means lower exterior maintenance but less private outdoor space for gardening or recreation. It’s a practical trade-off for those who prefer a larger, newer home without the upkeep of a big yard, but important for buyers who envision extensive landscaping or outdoor living.
3. Is the renovated basement included in the living area square footage?
Typically, the listed living area (1,592 sqft) refers to above-grade space. The renovated basement is an additional bonus area, adding functional space like a family room or office without being counted in the primary square footage.
4. How does this home compare to others on the street?
It is newer and significantly larger than most. Direct neighbours include homes built in 1947 and 2015, with smaller living areas and lower assessed values. This home is a standout for its modernity and scale on the block.
5. What does the high assessed value mean for property taxes?
A $580k assessment will result in higher property taxes compared to the neighbourhood average. Buyers should budget accordingly, weighing this cost against the benefits of a newer home with likely lower repair costs and greater energy efficiency.