Property Overview: 64 Carriage Road, Heritage Park, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This 1967 bi-level home at 64 Carriage Road presents a practical opportunity in Winnipeg's Heritage Park neighbourhood. Its key characteristic is a sense of balance: with 1,040 sqft of living space and a renovated basement, it offers functional living quarters on a notably generous, nearly 6,000 sqft lot for its immediate street—a lot size that ranks well above average in the local area. The home’s assessed value is modest relative to both the street and neighbourhood, which can signal an accessible entry point.
The appeal lies in its position as a grounded, no-frills property. It suits a first-time homebuyer, a downsizer, or an investor seeking a straightforward residential asset in an established area. The renovated basement adds modern utility, while the larger-than-typical lot for the street offers valuable outdoor space or future potential not always found in this price segment. A thoughtful perspective is that while the living space is compact, the favourable lot size provides a tangible asset of land, which can be a wise long-term hold in a mature neighbourhood. It’s a home for those who value substance over style, where the value is in the land and fundamentals rather than high-end finishes or square footage.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is below the average for both Carriage Road and the wider Heritage Park neighbourhood, suggesting it may be priced accessibly within the local market.
2. 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 permitted uses.
3. Is there potential for expansion or addition, given the lot size?
The lot is larger than many on the street, which could provide flexibility for landscaping, gardening, or even future expansion, subject to local zoning bylaws and permit approvals.
4. The home sold in late 2023. What might that indicate?
The recent sale suggests a motivated seller may have been involved, but it also provides a very current market price point for comparison, which is a useful data point for valuation.
5. What are the implications of having no garage?
Buyers should plan for street parking or the potential cost of adding a shed or carport. The lack of a garage is a common feature in many older neighbourhoods and is often reflected in the price.