Property Overview & Key Characteristics
This well-situated one-storey home in Valley Gardens offers a practical and low-maintenance living arrangement. Its primary appeal lies in a combination of a generous, above-average lot size and a recently renovated basement, providing solid value and potential for a buyer comfortable with a home from the 1970s. The living space is efficient and ranks highly for its size within the immediate area, suggesting a smart use of square footage.
The property would suit first-time buyers looking for a manageable home with a good yard, or downsizers seeking single-level living without sacrificing outdoor space. It’s also a pragmatic choice for an investor or handy buyer who appreciates a home with a major update (the basement) already completed, on a lot that stands out in size among its neighbours. A thoughtful perspective is that while the house itself is of average age for the neighbourhood, the lot size is a lasting asset that newer subdivisions often don't offer, providing a sense of space and future flexibility.
Frequently Asked Questions
1. How does the lot size compare to others nearby?
At just over 5,200 square feet, the lot is in the top 20% for size on Tomlinson Avenue, making it notably larger than many in the immediate vicinity. This is a key feature of the property.
2. What should I know about the home’s age and condition?
Built in 1973, the home is older than most on its street but is average for the wider Valley Gardens area. The listing confirms a renovated basement, which is a significant update, but the condition of original major systems (roof, wiring, plumbing) should be verified.
3. Is the living space smaller than similar homes?
At 840 sq ft, the main floor living area is actually in the top 30% on this street and top 9% within Valley Gardens, indicating it is quite efficient and likely larger than many nearby bungalows.
4. How does the assessed value inform the potential price?
The assessed value is a municipal figure for tax purposes and is one data point. The "Worth Viewing" comparable listings provided show a wide range of sale prices, suggesting factors like updates, condition, and lot specifics greatly influence market value in this area.
5. What is the neighbourhood like for amenities and convenience?
While not detailed here, Valley Gardens is a mature neighbourhood in Winnipeg. Prospective buyers should research local schools, transit routes, and nearby shopping or recreational amenities to see if the location fits their lifestyle.