This is a well-established, single-storey home on a spacious 6,015 sqft lot in Southboine, Winnipeg. Built in 1978, its key features include a fully finished basement, an attached garage, and 1,327 sqft of living space. The appeal here is grounded in its generous lot size—ranking highly within its own neighborhood—and its overall value proposition as a solid, move-in-ready property. It suits buyers looking for a manageable single-level layout without sacrificing outdoor space, ideal for small families, downsizers, or those seeking a low-maintenance footprint with room to garden or relax. A thoughtful perspective is that while the home's living area is modest relative to the lot, this presents a classic opportunity: the land itself is a significant asset, offering potential for future expansion or outdoor enjoyment that is harder to find in newer subdivisions. Its competitive assessment value ranking across Winnipeg suggests it's perceived as a sound investment within the broader market.
-
What does the ranking data actually mean?
The rankings compare this property to others on its street, in its community, and across all of Winnipeg. For example, its lot size ranks in the top 5% of its neighborhood, meaning it's larger than most nearby properties, while its living area is more modest in comparison.
-
Is the age of the home (48 years) a concern?
As with any home of this era, the condition of major systems like roof, windows, plumbing, and electrical should be verified. Its age is fairly typical for the area, and the rankings show it is newer than over half the homes in Winnipeg, which can be reassuring.
-
Who would this property not be suitable for?
It may not suit buyers seeking a brand-new, ultra-modern home without any updates, or those requiring a very large amount of finished living space on the main floor. The layout and style are characteristic of its era.
-
The lot is large, but what is the neighborhood like?
Southboine is a mature, established neighborhood. The large lot sizes and older trees often create a more settled, spacious feel than newer areas. Prospective buyers should visit at different times to gauge traffic and community atmosphere.
-
Why is the assessed value ranking higher than the living area ranking?
This suggests that assessors have valued the total property package—including the desirable lot size, finished basement, and overall condition—favorably compared to many other homes in the city, even though the above-ground square footage isn't as large.