Property Overview: 319 Adsum Drive, The Maples, Winnipeg
Key Characteristics & Buyer Appeal
This well-situated bi-level home at 319 Adsum Drive presents a practical opportunity in Winnipeg's The Maples neighbourhood. Its key characteristic is a renovated basement, adding valuable finished living space to the 826 sqft main floor. The property sits on a decently sized 3,150 sqft lot with a detached garage.
The appeal lies in its strong positional value within its immediate context. The home ranks in the top 11% of its neighbourhood for lot size and in the top 9% for living area, suggesting it offers more space than many surrounding properties. While the 1974 build date is older, its assessed value has shown consistent growth, increasing from $23.9k in 2016 to $28.3k. This indicates a stable and improving investment in an established area.
This home would suit first-time buyers or practical downsizers looking for a solid entry into the market with immediate livability thanks to the basement renovation. It’s also a sensible fit for value-oriented investors seeking a property with a track record of steady appreciation in a mature community. A less obvious perspective is that its above-average rankings for space in the area offer a relative sense of privacy and room to breathe that can be uncommon in its price range.
Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. This is a key detail to clarify with the selling agent to understand the full scope of living space and quality.
2. How does the assessed value relate to the likely selling price?
The assessed value for taxation ($28.3k) is a municipal benchmark, not a market price. The last recorded sale was $29.2k in 2022. The current market price will be influenced by recent comparable sales, condition, and demand.
3. Is the detached garage heated or insulated?
This detail is not provided. The specification is "detached," so inquiring about its condition, power, and potential for insulation would be important for year-round usability.
4. The home is older; what are the big-ticket item concerns?
For a 1974 build, it is prudent to investigate the age and condition of major systems like the roof, furnace, and windows, as these are significant future considerations.
5. The lot is a good size. Are there any restrictions on additions or outbuildings?
The 3,150 sqft lot is a positive feature. To understand its full potential, check with the city regarding zoning bylaws that govern the size of future additions, sheds, or deck constructions.