Property Overview: 137 Fraser's Grove
Key Characteristics & Appeal
This well-situated one-storey home in Kildonan Drive stands out for its generous proportions, both indoors and out. Built in 1958, its primary appeal lies in its significant 8,265 sqft lot, which ranks in the top 2% on its own street and the top 10% citywide, offering exceptional outdoor space and potential. The 1,638 sqft living area is also notably spacious, ranking in the top 7% locally. The home features a renovated basement and a detached garage.
Its appeal is grounded in offering above-average space and land in a mature neighbourhood. The data suggests it's a property that prioritizes room to grow, garden, or entertain privately over being a newly built home. It would suit buyers looking for a solid, spacious bungalow on a large, established lot, ideal for families, multi-generational living, or those who value ample yard space. The renovated basement adds functional living area, appealing to those needing flexibility for a rec room, home office, or separate suite.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The home's assessed value is $430,000. It's important to note that assessed value is for municipal tax purposes and is not a direct indicator of market value. The last recorded sale was in July 2023, and current market conditions will ultimately determine the price.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, the permits for any work, and whether it includes additions like a bathroom or separate entrance, which significantly impact value and utility.
3. Are there any concerns with a home built in 1958?
While the structure is from a solid era of construction, a home of this age will likely have older major systems (like plumbing, electrical, and the roof). A thorough inspection is essential to understand the condition and plan for any updates or maintenance.
4. What are the benefits and considerations of a detached garage?
A detached garage offers flexibility—it can be a workshop or project space without affecting the main house. However, it means crossing the yard in Winnipeg winters. Consider its condition, size, and potential for upgrades.
5. The lot is large, but how is it shaped and positioned?
A lot of 8,265 sqft is a major asset, but its usability depends on its dimensions (wide vs. deep), topography, and orientation for sun exposure. Reviewing the survey or lot details will clarify how the space can best be used.