Property Overview: 124 Shore Street, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fairfield Park is a well-sized, modern property built in 2007. Its primary appeal lies in its generous and efficient living space. At 1,973 sqft, the home is significantly larger than most on its street and across Winnipeg, offering above-average roominess without being oversized. The attached garage and renovated basement add practical, finished space for storage, hobbies, or flexible living.
The data reveals a thoughtful perspective: this home represents a "sweet spot" in its immediate neighbourhood. While its living area ranks in the top 10% on Shore Street, its assessed value is also proportionally higher, ranking in the top 13%. This suggests it is recognized as a premium offering on the block, not an undervalued outlier. The lot size is smaller than many in Fairfield Park, which may translate to less yard maintenance—a potential plus for some buyers.
It would best suit buyers looking for a move-in ready, spacious family home in a mature neighbourhood, who prioritize interior space over a large yard. It’s ideal for those who appreciate a property that stands out positively on its street in terms of size and modern construction, while still being in a typical community price range.
Frequently Asked Questions
1. How does the lot size compare?
At 4,800 sqft, the lot is above average for Shore Street but below the average for the broader Fairfield Park area. This typically means a manageable yard with less upkeep than many neighbouring properties.
2. Is the price fair based on its assessed value?
The home last sold in May 2023 for $580,000. Its current assessed value is $56,200 (note: this is likely the taxable assessment, a separate figure from market value). The sale price placed it in the top 9% city-wide at that time, indicating a strong market valuation.
3. How modern is the home?
Built in 2007, the home is newer than 87% of Winnipeg homes and is above average for its street and neighbourhood. This suggests major systems like roofing, windows, and HVAC are likely in good condition and potentially more energy-efficient.
4. What does the "renovated basement" include?
The listing confirms the basement is renovated, but the specific finishes and layout are not detailed. This would be a key point to clarify with the seller or listing agent to understand the quality and functionality of the space.
5. How does it rank for space in the area?
With 1,973 sqft of living area, this home offers more space than 90% of homes on Shore Street and 88% of homes across Winnipeg. It is a notably spacious property for its setting.