Property Overview: 360 Amherst Street, Winnipeg
Key Characteristics & Appeal
This well-maintained one-storey home on a generous lot offers a blend of space, modern updates, and a strong position within its established neighborhood. Its key appeal lies in its above-average living space (1,321 sq ft) and a recently renovated basement, providing flexible room for a growing family, a home office, or recreation. The attached garage adds practical convenience. The data reveals a less obvious strength: this is a notably newer home (built 1975) compared to most in the King Edward area, suggesting potentially fewer concerns with aging infrastructure common in century-old homes. With an assessed value that ranks in the top tier of the local area, it presents as a premium property within its immediate context. This home would best suit buyers looking for a move-in ready, single-level layout in a mature neighborhood, who value more contemporary construction within a classic Winnipeg streetscape, and who appreciate a property that stands out in terms of size and value relative to its closest neighbors.
Frequently Asked Questions
1. How does this home’s value compare to the rest of Winnipeg?
While its assessed value is elite within the King Edward area, it is around the city-wide average. This indicates you are purchasing a top-tier property for the specific neighborhood, which may offer different value retention or appreciation potential compared to an average-priced home in a different district.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. We recommend inquiring about the permits, the quality of finishes, the ceiling height, and whether it includes a secondary suite or additional bedrooms.
3. The home sold in mid-2023. What might explain a resale so soon?
The recent sale history suggests a relatively short ownership period. While the reasons can be personal and neutral, it is a prudent question to ask the selling agent to understand the context.
4. Is the lot size typical for the area?
At 4,695 sq ft, the lot is above average for King Edward but around average for the city overall. It provides a very good private outdoor space for the neighborhood, which often features smaller lots.
5. How do I find out the exact past sale price?
The exact sold price is not published in the public record. As noted, you can provide your email to the listing service to receive the accurate figure manually, as they have access to more precise data.