Property Overview
This two-storey home at 405 Trent Avenue in Winnipeg's Munroe West neighbourhood presents a compelling blend of space, location, and established value. Built in 1978, its primary appeal lies in its generous proportions, both in living area and land size, within a well-regarded area.
Key Characteristics & Ideal Buyer
The standout feature is its scale. With 2,360 sqft of living space, this home is larger than 99% of properties on its street and in its neighbourhood. It sits on a substantial 7,681 sqft lot, ranking in the top 1% on Trent Avenue. This offers rare potential for privacy, gardening, or expansion. The home also features a renovated basement, adding functional space.
Its appeal is for the practical buyer who prioritizes space and established neighbourhoods over brand-new construction. It suits a growing family needing ample indoor and outdoor room, or a value-conscious buyer looking for a property with a "good bones" foundation where updates can be made over time. The high rankings for lot and living size, contrasted with a more moderate city-wide ranking for year built, suggest this is a solid, spacious home in a mature setting—ideal for those seeking character and room to breathe rather than a modern, turn-key property. The consistently high percentile rankings for assessed value in its immediate area indicate it is a recognized and substantial asset within its specific community.
Frequently Asked Questions
1. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. A professional inspection is recommended to determine the finish quality, materials used, and if any permits were secured for the work.
2. The assessed value seems low compared to the home's size. Why?
Municipal assessed value is for tax purposes and often lags behind market value. It's based on mass appraisal models and may not fully capture recent renovations, interior condition, or current market demand. The sale price is determined by the market.
3. There is no garage. Is there parking?
The listing does not specify dedicated parking. Given the very large lot, there is likely space for a driveway or potential to create one, but this should be verified with the listing agent and local bylaws.
4. The home is 48 years old. What should I be aware of?
While the basement has been updated, major original systems like the roof, windows, plumbing, and electrical may be near or past their typical lifespan. A thorough inspection is crucial to budget for potential updates or repairs.
5. How does this property compare to others on the street?
The data shows it is among the very largest homes on Trent Avenue by both living area and lot size. This suggests it may offer more privacy and space than its immediate neighbours, potentially commanding a premium for its footprint in the area.