Property Overview: 468 Collegiate Street, Winnipeg
Key Characteristics & Appeal
This two-storey home in King Edward is defined by its generous proportions and strong standing within its immediate area. Built in 1977, it is notably newer than most homes on its street and in the neighbourhood. Its primary appeal lies in its spacious 1,568 sqft living area and its large 5,425 sqft lot, both of which rank in the elite top 5-10% locally. This combination offers substantial room for both indoor living and outdoor potential. The property includes a detached garage and an unrenovated basement, presenting a solid foundation for customization.
The home suits buyers looking for a property with above-average space and land in a mature neighbourhood, particularly those who value the opportunity to put their own stamp on a home. Its assessed value is consistently above average for its street and area, suggesting a well-regarded location. A thoughtful perspective is that this property represents a "blank canvas" within a highly desirable physical footprint—the value is in the existing structure and land, with the future finishes left to the owner's taste and budget.
Frequently Asked Questions
1. How does the home’s size compare to others?
With 1,568 sqft of living space, this home is significantly larger than most in the King Edward neighbourhood and on Collegiate Street, ranking in the top 3% locally.
2. What is the potential of the basement?
The basement is noted as being present but unrenovated. This means it offers functional space and storage as-is, with the opportunity for future development into living space, subject to permits and investment.
3. Is the lot size a notable feature?
Yes. The 5,425 sqft lot is a key asset, ranking in the elite top 5% on its street. This provides ample private outdoor space, which is less common in older neighbourhoods.
4. How does the year built affect the home?
Built in 1977, the home is decades newer than the neighbourhood average (1948). This often suggests updates to fundamental systems compared to century-old homes, though a specific inspection is always recommended.
5. Where can I find the exact historical sale price?
The listed sale price range is based on public data. To receive the precise sale price from its last transaction, you can request it via email from the listing source, which provides this detail manually.