Property Overview
This 1984-built, single-storey home in Southboine sits on a large, approximately 9,600 sqft lot. Its key appeal lies in the combination of a spacious, private yard and a practical, fully finished layout. With 1,351 sqft of living space, a finished basement, and an attached garage, it offers solid, move-in-ready functionality. The property’s standout characteristic is its land size, which is larger than 93% of all residential lots in Winnipeg, providing rare potential for gardening, expansion, or simply enjoying ample outdoor space.
Its value is further underscored by a municipal assessment of $485,000, placing it in the top 20% for value city-wide. This home would suit buyers looking for a grounded, no-fuss property where the land is a primary feature. It’s ideal for those who prioritize private outdoor space over a brand-new build, or for families seeking a manageable single-level layout with room to grow outdoors. The strong city-wide rankings for lot size and assessed value suggest a property that is both a comfortable home and a competitively positioned asset in the broader market.
Frequently Asked Questions
1. How does the age of the home (built in 1984) affect its condition and potential costs?
While well-maintained homes from this era can be very sound, a buyer should budget for updates to major systems like the roof, windows, or furnace, which may be nearing the end of their typical lifespan. A thorough inspection is advised.
2. The living space is ranked lower than the lot size. Does the house feel small?
At 1,351 sqft plus a finished basement, the home offers functional space for a family. The rankings are relative; this size is common for its neighbourhood. The trade-off is intentional: the property prioritizes a large, premium lot over a maximized floor plan.
3. What does the high city-wide ranking for lot size (top 7%) practically mean for me?
It means you are getting a level of outdoor privacy and space that is increasingly rare in the city. This allows for possibilities like adding a shed, creating extensive garden beds, or enjoying a large, secluded backyard—options not available on standard lots.
4. The community ranking for value is middle-of-the-pack, but the city ranking is high. Why the difference?
This suggests the home is a strong value compared to all of Winnipeg, but is priced comparably to other homes in the desirable Southboine area. You're paying for the location within the community, with the lot size providing the exceptional city-wide value.
5. Is the finished basement included in the listed 1,351 sqft living area?
No, typically the listed "living area" (1,351 sqft) refers to above-grade space. The finished basement is an additional area, adding significant functional space for recreation, guests, or storage.