Property Overview: 63 Geneva Lane, Winnipeg
Key Characteristics & Appeal
This two-storey home, built in 2019, offers a modern living experience with minimal initial upkeep. Its 1,603 sqft of living space is notably above average for its immediate street and the wider city, providing a sense of spaciousness in a newer build. The home sits on a standard urban lot for the area, with a detached garage.
The primary appeal lies in its modern efficiency and favorable positioning within a newer neighborhood context. While its assessed value is modest compared to some in the broader Fraipont area, this indicates a potentially accessible entry point into a contemporary home. The data suggests it’s a home that outperforms many city-wide benchmarks for size and age, yet remains grounded within its local market.
This property would suit first-time buyers or downsizers seeking a low-maintenance, modern home without needing renovations. It’s also a practical fit for those who value newer construction (with updated building codes and systems) and prefer a defined, manageable yard. The detached garage offers flexibility for storage or a workshop.
Frequently Asked Questions
1. Is this a good value compared to the neighborhood?
The data presents a nuanced picture. The home’s assessed value is below the Fraipont area average, which could signal value. However, its living space is above average on its street and city-wide, and it’s one of the newest homes on the block. This suggests you’re paying less for a newer, spacier home relative to the area, but the lot size is more compact than many in Fraipont.
2. What does “basement, not renovated” mean?
It indicates the basement exists but is unfinished or in its original builder-grade state. This is typical for a 2019 home and is actually a blank canvas for future expansion, allowing a buyer to customize the space to their needs without first undoing someone else’s renovations.
3. How accurate are the sold price ranges shown?
The ranges are based on public data. For the exact historical sold price, you must request it via email. This manual step is in place to ensure accuracy, as public records can sometimes be incomplete or unclear.
4. The home ranks highly for year built. Why is that important?
A 2019 build means major components like the roof, HVAC, windows, and appliances are relatively new and likely under warranty. It also implies modern energy efficiency standards and building codes, which can translate to lower immediate repair costs and utility bills.
5. Who might this property not suit?
Buyers seeking a large, sprawling yard for extensive gardening or recreation may find the lot size limiting. Similarly, those looking for a home with established, mature landscaping or a character-filled, renovated interior might prefer an older property. It’s best for those who prefer a modern, move-in-ready canvas.